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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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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

User Priya Singhal
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1 Answer

5 votes
it’s A true

hope this helps
User Wang Liang
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