The Future Value of an Annuity

question 23

Multiple Choice

The future value of an annuity:

• A)is the end sum of all payments and all interest if each payment is deposited when received.
• B)is the beginning sum and future interest amortized over the life of the annuity.
• C)allows for both the time interval and amounts to be different.
• D)is the beginning sum and present value calculated into the future.

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