Which of the following tables would show the smallest value for an interest rate of 8% for ten periods?
A) future value of $1
B) present value of $1
C) future value of an ordinary annuity
D) present value of an ordinary annuity

Question

Quizplus · Accepted Answer

The present value of $1 table shows the smallest value because it discounts a single future amount back to its present value, which is less than the future value or annuity values.

Which of the Following Tables Would Show the Smallest Value