Multiple Choice
Which of the following will increase the present value of an annuity?
A) The discount rate increases.
B) The discount rate decreases.
C) The number of periods the annuity is received decreases.
D) The final payment diminishes.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q142: Given a 6 percent interest rate, compute
Q143: Given a 7 percent interest rate, compute
Q144: If you are saving for a plane
Q145: Given a 10 percent interest rate, compute
Q146: Due to poor spending habits, Ricky has
Q148: Phoebe realizes that she has charged too
Q149: A loan is offered with monthly payments
Q150: Given a 4 percent interest rate, compute
Q151: Joey realizes that he has charged too
Q152: People refinance their home mortgages<br>A) when rates