This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In comparing an ordinary annuity and an annuity due, which of the following is TRUE? (Read 66 times)

haleyc112

  • Hero Member
  • *****
  • Posts: 600
on: Apr 25, 2021
In comparing an ordinary annuity and an annuity due, which of the following is TRUE?
◦ The future value of an annuity due is always greater than the future value of an otherwise identical ordinary annuity.
◦ The future value of an ordinary annuity is always greater than the future value of an otherwise identical annuity due.
◦ The future value of an annuity due is always less than the future value of an otherwise identical ordinary annuity, since one less payment is received with an annuity due.
◦ All things being equal, one would prefer to receive an ordinary annuity compared to an annuity due.
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by haleyc112 on Apr 25, 2021

jazzlynnnnn

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Apr 25, 2021
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 56% of students answer this correctly


haleyc112

  • Member
  • Posts: 600
Reply 2 on: Apr 25, 2021
YES! Correct, THANKS for helping me on my review

pratush dev

  • Member
  • Posts: 321
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

An image comparing the brain sizes of different species. An image comparing the brain sizes of different species.
True Friendship True Friendship
Adapoids and omomyoids had longer snouts and are the first “true” primates. Adapoids and omomyoids had longer snouts and are the first “true” primates.
How to calculate regular payments or deposits using the annuity formula (Question 1) How to calculate regular payments or deposits using the annuity formula (Question 1)
How to calculate RRSP using the annuity formula How to calculate RRSP using the annuity formula
True Dover Sole True Dover Sole
Video: Embryonic development - Weeks 5 to 8

For a complete list of videos, visit our video library