Question: Annuity A and B are exactly the same except that annuity A has 7 payments and annuity B has 5 payments, which one has the

  1. Annuity A and B are exactly the same except that annuity A has 7 payments and annuity B has 5 payments, which one has the higher future value?
  2. Annuity A and B are exactly the same except that annuity A has 5 payments and annuity B has 7 payments, which one has the higher future value?
  3. Annuity A and B are exactly the same except that annuity A has 7 payments and annuity B has 5 payments, which one has the higher present value?

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