Multiple Choice
The factor for the present value of an ordinary annuity for 11% and eight periods is less than ________.
A) the factor for the present value of an ordinary annuity for 8% and eight periods
B) the factor for the present value of an annuity due for 12% and seven periods
C) the factor for the present value of an ordinary annuity for 10% and seven periods
D) the factor for the present value of an ordinary annuity for 11% and ten periods
Correct Answer:
Verified
Correct Answer:
Verified
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