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What is the discount factor that is equivalent to a 6​% discount​ rate?

The discount factor is _____. ​(Round to four decimal​ places.)

Respuesta :

carlosego
What you must do in this case is to pass the number that is in percentage form to a numerical value.
 To do that, we divide the discount rate by 100.
 We have then:
 6% / 100 = 0.0600
 Answer:
 the discount factor is 0.0600
abiolataiwo2015

The discount factor that is equivalent to a 6​% discount​ rate is 0.06.

Discount factor

Using this formula

Discount factor=Discount rate/100

Where:

Discount rate=6% or 0.06

Let plug in the formula

Discount factor=0.06/100

Discount factor=0.06

Inconclusion the discount factor that is equivalent to a 6​% discount​ rate is 0.06.

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