MCQOPTIONS
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| 1. |
Value which converts series of equal payments in to value received at end time of investment is classified as |
| A. | resent value of annuity |
| B. | uture value of annuity |
| C. | ecreased value of annuity |
| D. | ncreased value of annuity |
| Answer» C. ecreased value of annuity | |