Question: In the annuity present value formula, the variable r must be expressed as a(n): O a. Annual percentage rate. O b. Effective annual rate. .

In the annuity present value formula, the variable "r" must be expressed as a(n): O a. Annual percentage rate. O b. Effective annual rate. . Stated annual rate. O d. Stated rate per period of time t. Continuously compounded rate. O e.

In the annuity present value formula, the variable " r " must be expressed as a(n): a. Annual percentage rate. b. Effective annual rate. c. Stated annual rate. d. Stated rate per period of time t. e. Continuously compounded rate

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