Author Question: The table factor for the present value of an annuity due is found by adding one period to the number ... (Read 87 times)

geodog55 · **on:** Jun 24, 2018

The table factor for the present value of an annuity due is found by adding one period to the number of periods of the annuity and then subtracting 1.00000 from the resulting table factor.
Indicate whether the statement is true or false

Question 2

Last month a store sold 4 times as many tapes as CDs. If the total quantity of these two items sold was 360, how many tapes did the store sell?
A) 288
B) 360
C) 90
D) 20