There are two sets of present and future value tables: one set for lump sums and one set for annuities.

Name: There are two sets of present and future value tables: one set for lump sums and one set for annuities.
Brand: Quizplus
Rating: 4.7 (39 reviews)

Question

Quizplus · Accepted Answer

Present and future value calculations can be applied to both lump sums and annuities, requiring different sets of tables due to the differing nature of single payments versus series of payments.

There Are Two Sets of Present and Future Value Tables