Which of the Following Will Increase the Future Value of an Annuity

question 24

Multiple Choice

Which of the following will increase the future value of an annuity?

• A) The number of periods increases.
• B) The amount of the annuity increases.
• C) The interest rate increases.
• D) All of these choices are correct.

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Definitions:

Benchmarking

The process of comparing business processes and performance metrics to industry bests and best practices from other companies.

Ongoing Activities

Refers to tasks, projects, or operations that are currently in progress or continuously occurring.

Monitoring And Adjusting

The process of tracking progress and making necessary changes to ensure the successful completion of a plan or project.

Concurrent Control

The monitoring and adjusting of activities and processes in real-time to ensure project goals are met.