The future value of an annuity can be found by adding together all the payments that are paid into the account and all the interests they have earned.
A) The statement is false.
B) The statement is true.

Question

The future value of an annuity can be found by adding together all the payments that are paid into the account and all the interests they have earned. ​ 
A) The statement is false.
B) The statement is true.

Quizplus · Accepted Answer

The statement is true. The future value of an annuity is the sum of all the payments made into the account, plus any interest earned on those payments.

The Future Value of an Annuity Can Be Found by Adding