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7. 3 points for correct answers: 0 for incorrect answers or no answer] Answer True or False for the following three parts: (i) An annuity
7. 3 points for correct answers: 0 for incorrect answers or no answer] Answer "True" or "False for the following three parts: (i) An annuity due beginning one year from now is equivalent to an ordinary annuity (ii) To maximize effective rate, we can perform compounding per nanosecond. (iii) If a question spans inultiple years, effective rate cannot be used in any way to calculate the percentage of return
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