All else held constant, the present value of an annuity will decrease if you:
a. increase the annuity's future value
b. increase the payment amount
c. increase the time period
d. decrease the discount rate
e. decrease the annuity payment
Ans: e. decrease the annuity payment
Business
You might also like to view...
Unstructured problems and the use of models are characteristics that describe a decision support system
Indicate whether the statement is true or false
Business
The manufacturer launches a brand building advertising campaign. The campaign does not promote any one specific car but is aimed at promoting the company as a whole. Which type of cost does this fall under?
A) direct costs B) material costs C) nontraceable costs D) traceable costs E) labor costs
Business