Question: chapter 5 corporate finance by brealey problem 8 d where did it get the formula for PVF @10 % 1/(1 + 10%)^year. Is 1 already

chapter 5 corporate finance by brealey problem
8 d
where did it get the formula for PVF @10 %
1/(1 + 10%)^year. Is 1 already given? chapter 5 corporate finance by brealey problem 8 dwhere did it
where did it get the numbr 1 that I encircle in the formula of PV@ 10%. Thanks
get the formula for PVF @10 % 1/(1 + 10%)^year. Is 1

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