Question

A table factor of .7312 from a present value table of $1 means that a certain rate of interest for a certain period of time it will equal?

Answer 1

1/(1+r) = 0.7312
=> 1+r = 1/0.7312
=> r = 1/0.7312 - 1

Answer 2

r = 0.3676 = 36.76%

Answer 3

? * ? Did that help?

Answer 4

kinda. i am hopeless at math.