3.2 - Single Payment Present Worth Factor
Enroll to start learning
You’ve not yet enrolled in this course. Please enroll for free to listen to audio lessons, classroom podcasts and take practice test.
Practice Questions
Test your understanding with targeted questions
What is the uniform series capital recovery factor?
💡 Hint: Think of how loans are paid off.
Define ownership costs.
💡 Hint: Think about what costs come with owning equipment.
4 more questions available
Interactive Quizzes
Quick quizzes to reinforce your learning
What does the uniform series capital recovery factor calculate?
💡 Hint: Think about loan repayments.
True or False: The present worth factor can help determine the present value of future earnings.
💡 Hint: Remember the role of present and future cash flows.
2 more questions available
Challenge Problems
Push your limits with advanced challenges
A company wants to buy new machinery that costs $180,000. If they plan to finance the machinery over 10 years at an interest rate of 7%, determine the annual payment.
💡 Hint: Categorize all your known quantities before substitution.
How would you utilize the concept of sinking fund to prepare for a $50,000 equipment purchase in 5 years?
💡 Hint: Consider how to grow your savings to meet the future cost.
Get performance evaluation
Reference links
Supplementary resources to enhance your learning experience.