The Future Value of an Annuity Is

question 15

Multiple Choice

The future value of an annuity is:

• A)Always more than the present value.
• B)Always less than the present value.
• C)Equal to the present value.
• D)Double the present value.

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Definitions:

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A country on the West African coast, founded in the 19th century by freed American and Caribbean slaves as a colony for African-American resettlement.

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