You are comparing two annuities. annuity a pays $100 at the end of each month for 10 years. annuity b pays $100 at the beginning of each month for 10 years. the rate of return on both annuities is 8 percent. which one of the following statements is correct given this information? a) the present value of annuity a is equal to the present value of annuity bb) annuity b will pay one more payment than annuity a willc) the future value of annuity a is greater than the future value of annuity bd) annuity b has both higher present value and a higher future value than annuity ae) annuity a has a higher future value but a lower present value than annuity b
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You are comparing two annuities. annuity a pays $100 at the end of each month for 10 years. annuity...
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