Register

An increase in the rate of interest from 4 percent to 5 percent increases the present value of an annuity. a. True b. False

An increase in the rate of interest from 4 percent to 5 percent increases the present value of an annuity. a. True b. False
asked 151k views
2 votes
An increase in the rate of interest from 4 percent to 5 percent increases the present value of an annuity.

a. True
b. False

asked
User Daycaster
by
8.2k points

1 Answer

1 vote
I think it's True.
In politics and business, it works as is.
If rate of interest changes, it directly impacts current annuity.
answered
User Rcty
by
8.2k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
Link Copied!