A lease where the tenant pays taxes and maintenance costs is:

The standard advice of financial analysts has been to buy term insurance and invest the difference between the cost of term value insurance and cash value insurance

Indicate whether the statement is true or false.

Which is greater, the present value of a $1,000 five-year ordinary annuity discounted at 10%, or the present value of a $1,000 five-year annuity due discounted at 10%?

A) The ordinary annuity is worth more with a present value of $3,790.79. B) The annuity due is worth more with a present value of $4,169.87. C) The ordinary annuity is worth more with a present value of $4,169.87. D) The annuity due is worth more with a present value of $4,586.85.