Which of the Following Will Increase the Future Value of an Annuity

question 24

Multiple Choice

Which of the following will increase the future value of an annuity?

• A) The number of periods increases.
• B) The amount of the annuity increases.
• C) The interest rate increases.
• D) All of these choices are correct.

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Definitions:

Idiographic Approach

A method of studying personality that focuses on the individual case as unique, with an emphasis on personal experience and intrinsic motivations.

Nomothetic Approach

A research perspective that seeks general laws and principles through the study of groups or populations.

Salutary Goals

Objectives intended to promote health or well-being.

Remedial Goals

Objectives set to correct or improve a deficiency or problem, often used in educational, therapeutic, or personal development contexts.