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shepherd shepherd
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Posts: 2986
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8 years ago
The higher the rate used in determining the future value of an annuity,
A) the greater the future vale at the end of the period.
B) none of these - the interest has no effect on the future value of the annuity.
C) the smaller the future value at the end of the period.
D) the greater the present value at the beginning of the period.
Textbook 
Personal Finance

Personal Finance


Edition: 5th
Author:
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tityltityl
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#1
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8 years ago
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shepherd Author
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#2
8 years ago
You really helped me with my business course, thank you!
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#3
8 years ago
Cool! Remember to mark it solved when you get a chance
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