Question: These 5. True or False O O 1. When solving for the future value of an annuity, the last cash flow earns no interest. O

These 5. True or False

O O 1. When solving for the future value of an annuity, the last cash flow earns no interest.

O O 2. Other things equal, the FV of an ordinary annuity < the FV of an annuity due.

O O 3. When solving for the present value of an annuity, all cash flows are discounted.

O O 4. No present value factor is needed when solving for the PV of a perpetuity.

O O 5. Other things equal, the PV of an annuity due > the PV of an ordinary annuity.

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