The present worth factor
A)converts an annuity into the equivalent present amount.
B)gives the future value equivalent to a series of equal payments.
C)converts a series of repeated equal payments into the equivalent future amount.
D)gives the present amount that is equivalent to some future amount.
E)gives the future amount that is equivalent to a present amount.

Question

Quizplus · Accepted Answer

The present worth factor converts a future amount into the equivalent present amount.

The Present Worth Factor