Question: Instructions: If the statement is correct, insert TRUE at the end of the sentence. Otherwise insert FALSE. Use CAPITALS for your answer. Higher standard deviation

Instructions: If the statement is correct, insert TRUE at the end of the sentence. Otherwise insert FALSE. Use CAPITALS for your answer.

Higher standard deviation of an investment means that it carries a higher level of risk.

Answer:

One characteristic of an annuity is that a different amounts of money is deposited or withdrawn at regular intervals.

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A contract to receive $20,000 at the end of each year for 10 years is equivalent to receiving a lump sum of $100,000 today.

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An perpetuity involves depositing or investing a single sum of money and allowing it to grow for a certain number of years.

Answer:

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