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Based on your understanding of growing annuities, is the statement below true or false? While analyzing a growing annuity, you need to express the interest rate, the future value, and the payment in real and not nominal terms.a. Trueb. False

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Answer:

The correct answer is letter "B": False.

Explanation:

Annuities are payments made after certain equally distributed periods. A growing annuity or an increasing annuity is an annuity in which payment grows at a particular constant rate. Growing annuities can be calculated at Present Value or Future value -not necessarily both.

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