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Moving to the next question prevents changes to this answer Question 6 Determine the
numerical value of the following factors using the formula (P F. 8.4%,15) next question prevents
changes to this answer
Solution
We see that the rate of interest is 8.4%, time period is 15. Find the value of the factor
(P/F, 8.4%, 15)
= (1 + 8.4%)^(-15)
= 0.29824
This is the required numerical value of the factor (P/F, 8.4%, 15)

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Moving to the next question prevents changes to this answer Questio.pdf

  • 1. Moving to the next question prevents changes to this answer Question 6 Determine the numerical value of the following factors using the formula (P F. 8.4%,15) next question prevents changes to this answer Solution We see that the rate of interest is 8.4%, time period is 15. Find the value of the factor (P/F, 8.4%, 15) = (1 + 8.4%)^(-15) = 0.29824 This is the required numerical value of the factor (P/F, 8.4%, 15)