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1			In the derivation of the F/A factor, the F is located one period after the last A.
			A)	TRUE
			B)	FALSE
2			In the interest formulas, a simple interest can be used in any of the single payment formulas as long as the n values correspond to the interest period.
			A)	TRUE
			B)	FALSE
3			An arithmetic gradient refers to cash flow wherein the values change by the same percentage in each interest period.
			A)	TRUE
			B)	FALSE
4			In calculating the present worth of an arithmetic gradient series, the only difference between an increasing and a decreasing gradient calculation is the minus sign for the base amount.
			A)	TRUE
			B)	FALSE
5			In solving from an unknown interest rate involving only the F/P formula, it is possible to solve for i directly by rearranging the equation.
			A)	TRUE
			B)	FALSE