The Present Value of an Annuity Is

question 11

Multiple Choice

The present value of an annuity is
1. larger the greater the rate of interest
2. smaller the greater the rate of interest
3. larger as the number of years increases
4. smaller as the number of years increases

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

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Definitions:

List.length

A property that returns the number of elements in a list.

DataType[][][]

A declaration of a three-dimensional array in programming, indicating an array of arrays of arrays of a particular data type.

Two-dimensional Array

A data structure allowing storage of elements in rows and columns, effectively forming a grid.

Columns

Vertical divisions of data in a table or spreadsheet, each of which can store information about a particular field.