Which Statement Is True

question 93

Multiple Choice

Which statement is true?

• A)All else equal, an ordinary annuity is more valuable than an annuity due.
• B)All else equal, a decrease in the number of payments increases the future value of an annuity due.
• C)An annuity with payments at the beginning of each period is called an ordinary annuity.
• D)All else equal, an increase in the discount rate decreases the present value and increases the future value of an annuity.
• E)All else equal, an increase in the number of annuity payments decreases the present value and increases the future value of an annuity.

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Definitions:

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A written or digital message expressing gratitude towards someone for their help, gift, or kind gesture.

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A small gift or gesture given as a sign of gratitude or recognition of someone's effort or accomplishment.

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Good Choice

A decision or selection that is deemed beneficial, effective, or morally right based on the given context or outcomes.