What is the six-year present value annuity factor at an interest rate of 9 percent?
A)7.5233
B)4.4859
C)1.6771
D)3.1432

Name: What is the six-year present value annuity factor at an interest rate of 9 percent? A)7.5233 B)4.4859 C)1.6771 D)3.1432
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Question

Quizplus · Accepted Answer

The present value annuity factor for 6 years at a 9% interest rate is calculated using the formula for the present value of an annuity. The factor is approximately 4.4859, which matches option B.

What Is the Six-Year Present Value Annuity Factor at an Interest