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True or False 1) When solving for a future of an annuity, the cash flow earns no interest. 2) Other things equal, the FV of
True or False
1) When solving for a future of an annuity, the cash flow earns no interest.
2) Other things equal, the FV of an ordinary annuity< the FV of an annuity due.
3) When solving for a present value of an annuity,, all cash flows are discounted.
4) N/A
5) Other things equal, the PV of an annuity due > the PV of an ordinary annuity.
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