Which one of the following will produce the highest present value interest factor?
A)6 percent interest for five years
B)6 percent interest for eight years
C)6 percent interest for ten years
D)8 percent interest for five years
E)8 percent interest for ten years

Question

Quizplus · Accepted Answer

The Answer of Which one of the following will produce the highest present value interest factor?
A)6 percent interest for five years
B)6 percent interest for eight years
C)6 percent interest for ten years
D)8 percent interest for five years
E)8 percent interest for ten years

Which One of the Following Will Produce the Highest Present