When Using a Future Value of an Annuity Table (E

question 72

Multiple Choice

When using a future value of an annuity table (e.g., Table III at the back of the book) ,

• A)payments are assumed to be made at the end of each period
• B)FVIFA factors increase with an increase in the interest rate
• C)FVIFA factors increase with an increase in the number of periods
• D)all of these

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