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Author Question: Which of the following statements is correct, assuming positive interest rates and other things held constant? (Read 386 times)

ShannenConnor

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on: Aug 7, 2023
Which of the following statements is correct, assuming positive interest rates and other things held constant?

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A6-year, $1,000 ordinaryannuity will have ahigherpresent value than a similar annuitydue.


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A 30-year, $100,000 amortized mortgage will have larger monthly payments than an otherwise similar 20-year mortgage.


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A typical investment’s nominal interest rate will always be equal to or less than its effective annual rate.


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If an investment pays 10% interest, compounded annually, its effective annual rate will begreaterthan 10%.

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Marked as best answer by ShannenConnor on Aug 7, 2023

jbsuccess1

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Reply #1 on: Aug 7, 2023
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.
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ShannenConnor

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Reply 2 on: Aug 7, 2023
Excellent

6ana001

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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