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).