Question: Annuity G has the same i and PMT as Annuity H. G has twice as many payments as H. Is Gs present value (pick one):
Annuity G has the same i and PMT as Annuity H. G has twice as many payments as H. Is G’s present value (pick one): (i) double, (ii) more than double, or (iii) less than double the amount of H’s present value? Give a reason for your choice.
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