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:

Monosaccharide

The simplest form of carbohydrate, consisting of a single sugar molecule, such as glucose or fructose.

Complex Carbohydrates

Carbohydrates consisting of long chains of sugar molecules, including starches and fibers, which provide sustained energy and aid in digestive health.

Glycogen

A multibranched polysaccharide of glucose that serves as a form of energy storage in animals and fungi.