Which of the Following Statements Is TRUE

question 107

Multiple Choice

Which of the following statements is TRUE?

• A) If compounding at a positive interest rate,the future value of an annuity due is always less than the future value of an otherwise identical ordinary annuity.
• B) If compounding at a positive interest rate,the future value of an annuity due is always greater than the future value of an otherwise identical ordinary annuity.
• C) If compounding at a positive interest rate,the future value of an ordinary annuity is always greater than the future value of an otherwise identical annuity due.
• D) If compounding at an interest rate of 0%,the future value of an annuity due is always greater than the future value of an otherwise identical ordinary annuity.
• E) None of the above

---

Definitions:

Color

The characteristic of visual perception described through categories with names such as red, blue, yellow, etc., based on the spectrum of light interacting with the photoreceptor cells in the eyes.

Departure of the Volunteers

A painting by Jacques-Louis David titled "The Departure of the Volunteers of 1792," depicting enthusiastic volunteers responding to the French Revolution.

Arc de Triomphe

A monumental arch in Paris, France, erected to celebrate the victories of Napoleon Bonaparte.

Romantic Transcendental

Refers to a philosophical movement that emphasizes the profound and often mystical connection between humans and nature, often found in Romantic literature and thought.