The Future Value of an Annuity Will Be Larger If

question 41

Multiple Choice

The future value of an annuity will be larger if
1. the annuity is an ordinary annuity
2. the annuity is an annuity due
3. the payments are made at the beginning of the year
4. the payments are made at the end of the year

• A) 1 and 3
• B) 1 and 4
• C) 2 and 3
• D) 2 and 4

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