Sinking fund factor is the reciprocal of _____

CA Foundation · Quantitative Aptitude · MTP · September 2024
Sinking fund factor is the reciprocal of _____
(A) A. Present value of interest factor of a single cash flow
(B) B. Present value interest factor of annuity
(C) C. Future value of Interest factor of annuity
(D) D. Future value of Interest factor of a single cash flow

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. Present value of interest factor of a single cash flow

Topics: Part-A: Business Mathematics

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