Question: When comparing an annuity due with an ordinary annuity with the same payment and duration, the annuity due will always have a present value and

When comparing an annuity due with an ordinary annuity with the same payment and duration, the annuity due will always have a present value and future value, when compared to the ordinary annuity that is:

a)higher; lower

b)lower, higher

c)higher; higher

d)lower, lower

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