If the interest rate is positive, a six-year ordinary annuity of $500

If the interest rate is positive, a six-year ordinary annuity of $500 per year must have a present
value over $3,000.

Indicate whether the statement is true or false

 

 

ANSWER

FALSE

Expert paper writers are just a few clicks away

Place an order in 3 easy steps. Takes less than 5 mins.

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
$0.00