Question: 13. When comparing an annuity due to an ordinary annuity with the same time horizon, payment, interest rate, and compounding periods, the annuity due will

13. When comparing an annuity due to an ordinary annuity with the same time horizon, payment, interest rate, and compounding periods, the annuity due will have higher: A. future values, but not present values B. present values, but not future values C. future values and present values D. none of the above
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