Question

Find P given F is often represented by the following term: which letter is correct a...

Find P given F is often represented by the following term: which letter is correct

a

Present worth factor

b

Capital recovery factor

c

Compound amount factor

d.

Sinking fund factor

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Answer #1

Hello SIr/ Mam

YOUR REQUIRED ANSWER IS OPTION A : Present worth factor

Given the Future Value, we can find the Present Value using Present value factor as known as Present Worth Factor.

I hope this solves your doubt.

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