Holding all other variables constant, an increase in the ____ will increase the future value of an annuity.
A)annuity payment
B)rate of interest
C)number of periods
D)Both a & b
E)All of the above

Question

Quizplus · Accepted Answer

An increase in the annuity payment, rate of interest, or number of periods will all increase the future value of an annuity, as each factor directly contributes to the growth of the annuity's value over time.

Holding All Other Variables Constant, an Increase in the ____