Multiple Choice
In order to compute the present value of an annuity, it is necessary to know the
1) discount rate.
2) number of discount periods and the amount of the periodic payments or receipts.
A) 1.
B) 2.
C) Both 1 and 2.
D) Something in addition to 1 and 2.
Correct Answer:
Verified
Correct Answer:
Verified
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