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For any positive interest rate the present value of a given annuity will be less than the sum of the cash flows, and the future value of the same annuity will be greater than th…

For any positive interest rate the present value of a given annuity will be less than the sum of the cash flows, and the future value of the same annuity will be greater than th…
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2 votes
For any positive interest rate the present value of a given annuity will be less than the sum of the cash flows, and the future value of the same annuity will be greater than the sum of the cash flows.

a. True
b. False

asked
User Priya Singhal
by
8.0k points

1 Answer

5 votes
it’s A true

hope this helps
answered
User Wang Liang
by
8.3k points
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