Present Value of 1 Future Value of 1 Present Value of an Annuity of 1 Future Value of an Annuity of 1 In a present value or future value table, the length of one time period may be interpreted as one year, one month, or any other length of time.

Question

Present Value of 1  Future Value of 1  Present Value of an Annuity of 1  Future Value of an Annuity of 1  In a present value or future value table, the length of one time period may be interpreted as one year, one month, or any other length of time.

Quizplus · Accepted Answer

The length of one time period in a present value or future value table can represent any length of time, not just one year or one month.