The present value interest factor for an ordinary annuity, Financial Management

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The present value interest factor for an ordinary annuity

The present value interest factor for an ordinary annuity is:

a) greater than the future value interest factor for an annuity

b) less than the present value interest factor for an annuity due

c) the sum of the present value interest factors for a single sum

d) the inverse of the future value interest factor for an annuity

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