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For any positive interest rate the present value of a given annuity will be less than the sum of the cash flows, and the future value of the same annuity will be greater than the sum of the cash flows.
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Dec 26, 2022
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For any positive interest rate the present value of a given annuity will be less than the sum of the cash flows, and the future value of the same annuity will be greater than the sum of the cash flows.
a. True
b. False
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Priya Singhal
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it’s A true
hope this helps
Wang Liang
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Jan 1, 2023
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Wang Liang
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