This topic contains a solution. Click here to go to the answer

Author Question: You are considering two equally risky annuities, each of which pays $6,000 per year for20years. ... (Read 186 times)

jrobl3

  • Full Member
  • ***
  • Posts: 167
You are considering two equally risky annuities, each of which pays $6,000 per year for20years. Investment ORD is an ordinary (or deferred) annuity, while Investment DUE is an annuity due. Which of the following statements is correct?

The present value of ORD exceeds the present value of DUE,whilethe future value of ORD is less than the future value of DUE.


The present value of DUE exceeds the present value of ORD, while the future value of DUE is less than the future value of ORD.


The present value of ORD exceeds the present value of DUE, and the future value of ORD also exceeds the future value of DUE.


The present value of DUE exceeds the present value of ORD, and the future value of DUE also exceeds the future value of ORD.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jrobl3 on Aug 7, 2023

hiyayyay

  • Full Member
  • ***
  • Posts: 204
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 55% of students answer this correctly




 

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

For a complete list of videos, visit our video library