The present value of an annuity is
1. larger the greater the rate of interest
2. smaller the greater the rate of interest
3. larger as the number of years increases
4. smaller as the number of years increases
A)1 and 3
B)1 and 4
C)2 and 3
D)2 and 4

Question

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The Answer of The present value of an annuity is
1. larger the greater the rate of interest
2. smaller the greater the rate of interest
3. larger as the number of years increases
4. smaller as the number of years increases
A)1 and 3
B)1 and 4
C)2 and 3
D)2 and 4

The Present Value of an Annuity Is