Asked by Anonymous
The present value of an ordinary annuity
A. tells how much money one needs to invest in the future.
B. is a lump sum.
C. indicates how much money needs to be invested today.
D. can only be calculated manually
My answer is C.
Is this correct?
A. tells how much money one needs to invest in the future.
B. is a lump sum.
C. indicates how much money needs to be invested today.
D. can only be calculated manually
My answer is C.
Is this correct?
Answers
Answered by
oobleck
correct
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