Business, 23.03.2020 16:38 puchie1225

You have the opportunity to invest in several annuities. Which of the following 10-year annuities has the greatest present value (PV)? Assume that all annuities earn the same positive interest rate.

a) An annuity that pays $1,000 at the beginning of each year.
b) An annuity that pays $500 at the end of every six months.
c) An annuity that pays $1,000 at the end of each year.
d) An annuity that pays $500 at the beginning of every six months.

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You have the opportunity to invest in several annuities. Which of the following 10-year annuities ha...

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