The Present Value of an Annuity Due, as Compared to the Present

question 20

Multiple Choice

The present value of an annuity due, as compared to the present value of an ordinary annuity of the same length and interest rate, will

• A)sometimes be greater and sometimes be smaller.
• B)always be the same.
• C)always be smaller.
• D)always be greater.

---

Definitions:

Grand Mal Seizure

A type of seizure characterized by a loss of consciousness and violent muscle contractions, known as a tonic-clonic seizure.

Malfunctioning Heating Pad

A heating pad that is not operating as intended, potentially not providing heat or operating unsafely.

Headaches

A common condition that involves pain or discomfort in the head, scalp, or neck.

Dizziness

A sensation of spinning or a feeling of imbalance, often related to disorders of the inner ear or the vestibular system.