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

Author Question: In comparing an ordinary annuity and an annuity due, which of the following is TRUE? (Read 61 times)

haleyc112

  • Hero Member
  • *****
  • Posts: 600
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.


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
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


Zebsrer

  • Member
  • Posts: 284
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

For a complete list of videos, visit our video library