Discussion
Which of the following factors would NOT be used to find an annual equivalent?
Answer: D
Correct answer: \( (F/P, i, n) \)
An annual equivalent is a value of A, so the factor must have A before the slash. \( (A/P) \), \( (A/F) \) and \( (A/G) \) all produce one, from a present sum, a future sum and a gradient respectively. \( (F/P) \) produces a future single sum and has no A in it at all.
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