Multiple Choice
To compute the present or future value of an annuity due, one computes the value of an ordinary annuity and then
A) multiplies it by (1 + i) .
B) divides it by (1 + i) .
C) multiplies it by (1 − i) .
D) divides it by (1 − i) .
Correct Answer:
Verified
Correct Answer:
Verified
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