The value which converts series of equal payments in to the value received at end time of investment is classified as Options: A . &nbsppresent value of annuity B . &nbspfuture value of annuity C . &nbspdecreased value of annuity D . &nbspincreased value of annuity

The value which converts series of equal payments in to the value received at en

Question

The value which converts series of equal payments in to the value received at end time of investment is classified as

Options:

A . present value of annuity

B . future value of annuity

C . decreased value of annuity

D . increased value of annuity

Answer: Option B
Answer: (b).future value of annuity

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