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Which of the following has the lowest time value of money at the same interest rate for the same number of payments? a. The present value of an annuity-due b. The future value or an annuity-due c. The future value of an ordinary annuity d. The present value of an ordinary annuity

Respuesta :

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Answer:

d. The present value of an ordinary annuity

Explanation:

The present value of an ordinary annuity has the lowest time value money for the same interest rate for the same number of payments.

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