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The present value of an annuity is larger the greater the rate of interest smaller the greater the rate of interest larger as the number

The present value of an annuity is

larger the greater the rate of interest

smaller the greater the rate of interest

larger as the number of years increases

smaller as the number of years increases

a. 2 and 4

b. 1 and 4

c. 1 and 3

d. 2 and 3

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