[Solved] To Determine the Future Value Factor for an Annuity Due

Question 57
Multiple Choice

To determine the future value factor for an annuity due for period n when given tables only for an ordinary annuity:

A)Obtain the FVA factor for n + 1 and deduct 1.
B)Obtain the FVA factor for n and deduct 1.
C)Obtain the FVA factor for n - 1 and add 1.
D)Obtain the FVA factor for n + 1 and add 1.

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