Which of the Following Statements Is Correct?
A) for All $\ge$

question 5

Multiple Choice

Which of the following statements is correct?

• A) For all positive values of k and n, FVIF_{r, n} \(\ge\) 1.0 and PVIFA_{r, n} \(\ge\) n.
• B) You may use the PVIF tables to find the present value of an uneven series of payments. However, the PVIFA tables can never be of use, even if some of the payments constitute an annuity (for example, $100 each year for Years 3, 4, and 5), because the entire series does not constitute an annuity.
• C) If a bank uses quarterly compounding for saving accounts, the simple rate will be greater than the effective annual rate.
• D) The present value of a future sum decreases as either the simple interest rate or the number of discount periods per year increases.
• E) All of the above statements are false.

---

Definitions:

Epilepsy

A neurological disorder characterized by recurrent, unprovoked seizures due to abnormal brain activity.

Seizures

Sudden, uncontrolled electrical disturbances in the brain, leading to changes in behavior, movements, feelings, or consciousness.

Freudian Terms

Concepts and terms developed by Sigmund Freud to describe aspects of psychoanalysis, including the unconscious mind, ego, and superego.

Id

In Freudian theory, it represents the unorganized part of the personality structure that contains basic drives and is unconscious.