A $5-$year $$100$ annuity due will have a higher present value than a $5-$year $$100$ ordinary annuity.

True

False

What's the present value of a perpetuity that pays $$600$ per year $($forever$)$ if the appropriate interest rate is $10\%?$

$$8,728\mathrm{.}50$

$$6,666,67$

$$7\mathrm{.}500\mathrm{.}00$

$$6,000\mathrm{.}00$

$$5,000\mathrm{.}00$