Which Is NOT Correct Regarding an Ordinary Annuity and Annuity

question 19

Multiple Choice

Which is NOT correct regarding an ordinary annuity and annuity due?

• A) An annuity is a series of equal payments.
• B) The present value of an ordinary annuity is less than the present value of an annuity due (assuming interest rate is positive).
• C) As the interest rate increases,the present value of an annuity decreases.
• D) As the length of the annuity increases,the future value of the annuity decreases.

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A collection data structure that consists of nodes where each node contains a data element of type T and a reference to the next node in the sequence.

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