Which Statement Is False

question 82

Multiple Choice

Which statement is false?

• A)The factor for the future value of an annuity due is found by multiplying the ordinary annuity table value by one plus the interest rate.
• B)The factor for the present value of an annuity due is found by multiplying the ordinary annuity table value by one minus the interest rate.
• C)The factor for the future value of an annuity due is found by subtracting 1.00000 from the ordinary annuity table value for one more period.
• D)The factor for the present value of an annuity due is found by adding 1.00000 to the ordinary annuity table value for one less period.

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