The future value of an annuity due is determined one period after the first cash flow in the series. a.True b.False

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter4: Time Value Of Money
Section: Chapter Questions
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The future value of an annuity due is determined one period after the first cash flow in the series.

a.True

b.False

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