Which of the Following Is Most Correct

question 193

Multiple Choice

Which of the following is most correct?

• A)The present value of an annuity due is always larger than the present value of an ordinary annuity with the same cash flows.
• B)The future value of an annuity due is always larger than the future value of an ordinary annuity with the same cash flows.
• C)The future value of an ordinary annuity is always larger than the future value of an annuity due with the same cash flows.
• D)Both a and b are correct.
• E)Both a and c are correct.

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