Annuity A has a greater present value than annuity B when cash flows are discounted using the same positive interest rate for each annuity. Which annuity will have the larger future value if compounded at the same interest rate?
A) Annuity A will have a larger future value.
B) Annuity B will have a larger future value.
C) The future values will be the same.
D) There is not enough information to determine which annuity will have a greater future value.
A
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An example of successful land purchases made by agents for an undisclosed principal took place in Florida for Walt Disney Productions
a. True b. False Indicate whether the statement is true or false
With respect to customer demand, what do the insurance industry, the banking industry and the dry cleaning industry have in common?
What will be an ideal response?
The utilitarian theory of ethics does not require
A. a choice among alternatives to produce the maximum societal utility. B. a determination of whom an action will affect. C. an assessment of the effects of alternatives on those affected. D. the acquiring of the means of production by workers.
A company produces two joint products (called 301 and 302) in a single operation that uses one raw material called Fruge. Four hundred gallons of Fruge were purchased at a cost of $800 and were used to produce 150 gallons of Product 301, selling for $5 per gallon, and 75 gallons of Product 302, selling for $15 per gallon. How much of the $800 cost should be allocated to each product, assuming that the company allocates cost based on sales revenue?
What will be an ideal response?