Answer keys for 5th quiz
I had a problem with this quiz, so the scores can range from 80% to 90%
1. inflation rate (I)
2. always greater than 1.0.
3. increases; decreases.
4. Discounting
5. $121
6. always less than 1.0.
7. an annuity due
8. the annuity due
9. ordinary annuity
10. 1
I had a problem with this quiz, so the scores can range from 80% to 90%
1. inflation rate (I)
2. always greater than 1.0.
3. increases; decreases.
4. Discounting
5. $121
6. always less than 1.0.
7. an annuity due
8. the annuity due
9. ordinary annuity
10. 1