Multiple Choice
In order to compute the present value of an annuity, it is necessary to know the
A) discount rate.
B) number of discount periods and the amount of the periodic payments/receipts.
C) both the discount rate and the number of discount periods and the amount of the periodic payments/receipts.
D) something in addition to the discount rate and the number of discount periods and the amount of the periodic payments/receipts.
Correct Answer:
Verified
Correct Answer:
Verified
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