The future value of an ordinary annuity table would not include the factor
A) 0.971.
B) 1.000.
C) 8.0192.
D) 25.290.

Name: The future value of an ordinary annuity table would not include the factor A) 0.971. B) 1.000. C) 8.0192. D) 25.290.
Brand: Quizplus
Rating: 4.9 (33 reviews)

Question

Quizplus · Accepted Answer

The future value of an ordinary annuity table includes factors greater than 1, as they represent the accumulation of interest over time. A factor of 0.971 would not be included as it represents a discount factor, not an accumulation factor.

The Future Value of an Ordinary Annuity Table Would Not