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QUESTION 7 Which of the following statements is correct? a. The first cash flow in an ordinary annuity starts at time zero. b. None of
QUESTION 7 Which of the following statements is correct? a. The first cash flow in an ordinary annuity starts at time zero. b. None of them. OC. The first cash flow in an annuity due starts at maturity. O d. Present value and future value are always the same. e. The first cash flow in an annuity due starts at time zero. QUESTION 8 Suppose you want to invest 2000 euro per year for the next 4 years at the end of each year). The interest rate is 49 per year. What is your final wealth? 2.8492.93 euro b.8499.12 euro OC 8477.86 euro d. 8390.70 euro e. None of them
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