1. Single-payment compound amount factor is the conversion factor that, when multiplied by F, yields the present amount P of future amount F after n years at interest rate i. a. The above statement is...

1. Single-payment compound amount factor is the conversion factor that, when multiplied by F, yields the present amount P of future amount F after n years at interest rate i.

a. The above statement is factual

b. The above statement is misleading

c. The above statement is incomplete

d. All of the above

2. The annual worth can be calculated from the alternative’s:

a. either ( a) or ( b)

b. future worth by multiplying by ( F/A, i, n)

c. all of the above

d. present worth by multiplying by ( A/P, i, n)

3. The basic economic problems of the society includes the ___.