Multiple Choice
Which of the following is a true statement regarding the future value of an annuity due?
A) All else being equal,an annuity due will always generate a higher future value than an ordinary annuity.
B) All else being equal,an annuity due will never generate a higher future value than an ordinary annuity.
C) All else being equal,an annuity due will sometimes generate a higher future value than an ordinary annuity.
D) All else being equal,an annuity due will generate a higher future value than an ordinary annuity only if interest is compounded monthly.
Correct Answer:

Verified
Correct Answer:
Verified
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