Your table for i=17% is missing few factors. The A/F for n=2 is closest to: 17%
ID: 2815923 • Letter: Y
Question
Your table for i=17% is missing few factors. The A/F for n=2 is closest to:
17%
n
F/P
P/F
A/F
F/A
A/P
P/A
1
1.1700
0.85470
1.0000
1.0000
1.1700
0.8547
2
1.3689
0.73051
0.6308
1.5852
3
1.6016
0.62437
0.2826
3.5389
0.4526
2.2096
4
1.8739
0.53365
0.1945
5.1405
5
2.1924
0.45611
0.1426
7.0144
0.3126
3.1993
Options:
A/F= 2.2057
A/F= 0.4526
A/F= 0.4608
A/F cannot be determined with data provided
17%
n
F/P
P/F
A/F
F/A
A/P
P/A
1
1.1700
0.85470
1.0000
1.0000
1.1700
0.8547
2
1.3689
0.73051
0.6308
1.5852
3
1.6016
0.62437
0.2826
3.5389
0.4526
2.2096
4
1.8739
0.53365
0.1945
5.1405
5
2.1924
0.45611
0.1426
7.0144
0.3126
3.1993
Explanation / Answer
A/F factor can be calculated using the given formula:
= i/((1+i)^n-1)
= 17%/((1+17%)^2-1)
= 0.4608
Hence, correct option is 0.4608
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