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Homework answers / question archive / Which is greater, the present value of a $1,000 five-year ordinary annuity discounted at 10%, or the present value of a $1,000 five-year annuity due discounted at 10%?     The ordinary annuity is worth more with a present value of $3,790

Which is greater, the present value of a $1,000 five-year ordinary annuity discounted at 10%, or the present value of a $1,000 five-year annuity due discounted at 10%?     The ordinary annuity is worth more with a present value of $3,790

Finance

Which is greater, the present value of a $1,000 five-year ordinary annuity discounted at 10%, or the present value of a $1,000 five-year annuity due discounted at 10%?

 

  The ordinary annuity is worth more with a present value of $3,790.79. 

  The annuity due is worth more with a present value of $4,169.87. 

  The ordinary annuity is worth more with a present value of $4,169.87. 

  The annuity due is worth more with a present value of $4,586.85.

 

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