Which has the highest future value in 3 years, if interest rates are 8%?
A. $100 payments, 3 year ordinary annuity
B. $100 payments, 3 year annuity due
C. $200 lump sum received today
D. $300 lump sum received in 3 yearsE. all answers produce the same future value
Answer: B. $100 payments, 3 year annuity due
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