How to use the present value factor


An accountant wishes to find the present value of an annuity of $1 payable at the beginning of each period at 10% for eight periods. The accountant has only one present value table which shows the present value of an annuity of $1 payable at the end of each period. To compute the present value, the accountant would use the present value factor in the 10% column?

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: How to use the present value factor
Reference No:- TGS0715567

Expected delivery within 24 Hours