?All of the following are conditions for an annuity due except
A. ?periodic cash flows must be equal in amount.
B. ?the time periods between the cash flows are the same length.
C. ?the interest rate is constant for each time period.
D. ?interest is compounded at the end of each time period.
Answer: D
You might also like to view...
Maxine has $1,000 to invest today. How much will her money be worth in 15 years if she earns 9% compounded semiannually on her money?
A. $3,745 B. $13,268 C. $3,642 D. $1,935
Establish the identity.1 + sec2x sin2x = sec2x
What will be an ideal response?
Establish the identity.
= 
What will be an ideal response?
Establish the identity.csc 
= sec u
What will be an ideal response?