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Which of the Following Is Worth More

Question 48

Multiple Choice

Which of the following is worth more?


A) Future value of an ordinary annuity of PMT dollars per year for n years discounted at i percent
B) Future value of an annuity due of PMT dollars per year for n years discounted at i percent
C) Both are worth the same amount
D) Cannot be determined from the information given

Correct Answer:

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