Which of the Following Statements Is True

Multiple Choice

Which of the following statements is true?

A) The process of discounting is the inverse of the process of compounding.
B) Ending balances using simple interest are always greater than ending balances using compound interest at positive interest rates.
C) The present value of an annuity due is always less than the present value of an equivalent ordinary annuity at positive interest rates.
D) The future value of an annuity due is always less than the present value of an equivalent ordinary annuity at positive interest rates.