$117$ minutes remaining

Exam Content

Question $1$

You are comparing three investments, all of which pay $$100$ a month and have one is an annuity due, and the third investment is a perpetuity. Which one of $t$ investment options?

To be the perpetuity, the payments must occur on the first day of each

The ordinary annuity would be more valuable than the annuity due if $k$

The present value of the perpetuity must be higher than the present $v_c$ due.

The future value of all three investments must be equal.

The present value of all three investments must be equal.