Question: Question 1 3 1 pts What is the present value interest factor ( PVIF ) ? The amount needed to deposit today to earn $

Question 13
1 pts
What is the present value interest factor (PVIF)?
The amount needed to deposit today to earn $20,000 in one year at 5% interest
The value of future cash flows over multiple time periods
The reciprocal of the future value interest factor (FVIF)
The current price of a savings bond
Question 1 3 1 pts What is the present value

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