brattymoo5093 brattymoo5093

12-11-2017
Business

contestada

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

Respuesta :

teenwolffan44 teenwolffan44

12-11-2017

I think it's True.
In politics and business, it works as is.
If rate of interest changes, it directly impacts current annuity.

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