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What factors affect the future value of an annuity?a)The size of the periodic payments, the interest rate, and the number of periods.b)The initial principal amount and the annual interest rate.c)The type of financial institution offering the annuity.d)The location where the annuity is purchased and managed.Correct answer is option 'A'. Can you explain this answer? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared
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What factors affect the future value of an annuity?a)The size of the periodic payments, the interest rate, and the number of periods.b)The initial principal amount and the annual interest rate.c)The type of financial institution offering the annuity.d)The location where the annuity is purchased and managed.Correct answer is option 'A'. Can you explain this answer?, a detailed solution for What factors affect the future value of an annuity?a)The size of the periodic payments, the interest rate, and the number of periods.b)The initial principal amount and the annual interest rate.c)The type of financial institution offering the annuity.d)The location where the annuity is purchased and managed.Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of What factors affect the future value of an annuity?a)The size of the periodic payments, the interest rate, and the number of periods.b)The initial principal amount and the annual interest rate.c)The type of financial institution offering the annuity.d)The location where the annuity is purchased and managed.Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an
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