What is the discount factor that is equivalent to a 6% discount rate? the discount factor is (round to four decimal places.)

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

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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