The table that would show the smallest value for 7 periods at 5% is the:-future value of 1 table-present value of 1 table-present value of an ordinary annuity table-present value of an annuity due table
present value of 1 table
The table that would show the smallest value for 7 periods at 5% is the Present Value of 1 Table.
The Present Value of 1 Table is used to calculate the present value of a single amount or future cash flow. It helps in determining how much money should be invested today to get a certain amount in the future. This table is used in situations where an investor wants to determine the initial amount, which will be required to achieve a specific future amount at a given interest rate.
Since the present value of a future amount decreases as the discount rate (or interest rate) increases, the present value of 1 table for a lower interest rate (such as 5%) will show smaller values as compared to higher interest rates. Therefore, the Present Value of 1 Table would show the smallest value for 7 periods at 5% among the other tables mentioned.
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