Multiple Choice
To calculate the present value of an annuity due you would take the present value of an ordinary annuity answer and whereas to calculate the future value of an annuity due you would take the future value of an ordinary annuity answer and .
A) divide by (1 + i) ; multiply by (1 + i)
B) multiply by (1 + i) ; multiply by (1 + i)
C) multiply by (1 + i) ; divide by (1 + i)
D) multiply by i; divide by i
Correct Answer:
Verified
Correct Answer:
Verified
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