Each of the following compound interest factors has the same number of time periods and/or rents (n) at the same interest rate (i) .Which one is the table factor for the present value of a single sum?

A) 1.500730
B) 7.153291
C) 0.666342
D) 4.766540

Present Value

The current worth of a future sum of money or stream of cash flows given a specified rate of return, used to assess the attractiveness of investments or projects.

Compound Interest

Interest calculated on the initial principal, which also includes all of the accumulated interest of previous periods of a deposit or loan.

Time Periods

Specific durations of time used for accounting purposes, such as fiscal quarters or years.