Question: Which statement is true? A: All else equal, an ordinary annuity is more valuable than an annuity due. B: An annuity with payments at the

Which statement is true?

A: All else equal, an ordinary annuity is more valuable than an annuity due.

B: An annuity with payments at the beginning of each period is called an ordinary annuity.

C: All else equal, a decrease in the number of payments increases the future value of an annuity due.

D: All else equal, an increase in the discount rate decreases the present value and increases the future value of an annuity.

E: All else equal, an increase in the number of annuity payments decreases the present value and increases the future value of an annuity.

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