Question
Which of the following changes would increase the present value of an annuity of future payments? (check all that apply) Increase in the interest rate
Which of the following changes would increase the present value of an annuity of future payments? (check all that apply)
Increase in the interest rate
Increase in the number of years over which the annuity payments are received
Decrease in the number of years over which the annuity payments are received
Decrease in the interest rate
Increase in the amount of the annuity payments
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Accounting And Finance For Non Finance Managers
Authors: Jai Kumar Batra
1st Edition
9352806964, 978-9352806966
