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Annuity G Has the Same I and PMT as Annuity

Question 106

Essay

Annuity G has the same i and PMT as Annuity H. G has twice as many payments as H. Will G's future value be (pick one): (i) double, (ii) more than double, or (iii) less than double the amount of H's future value? Give the reason for your choice.

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G's future value will be (ii) more than ...

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