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- The process that determines the present value of a single payment or stream of payments to be received is ________. A. compounding B. discounting C. annuity D. lump-sumWhat are the primary characteristics of an annuity? Differentiate between an “ordinary annuity” and an “annuity due.” Explain how the present value of an ordinary annuity interest table is converted to the present value of an annuity due interest table.What is General Annuity? (payment interval and interest period, time of payment, duration)
- The process that determines the present value of a single payment or stream of payments to be received is an annuity. True or false?Which of the following cannot be calculated? Select one: a. the interest rate on perpetuity given the present value and payment amount b. the present value of an annuity due c. the present value of a perpetuity d. the future value of a perpetuityWhen interest is calculated on the principal amount borrowed is known as what A. Annuity B. Simple interest C. Compound interest D. All of the above
- question: Identify the different types of annuities, calculate the present value and future value of both an ordinary annuity and an annuity due, and calculate the relevant annuity payments.Explain the difference between an ordinary annuity and an annuity due situation.1. What is an annuity and how does it differ from a perpetuity? Discuss the difference between an ordinary annuity and an annuity due. Please answer this question in detail.