(Q. 23 IN B) WHICH OF THE FOLLOWING WILL INCREASE THE PRESENT VALU...

27. (Q. 23 in B) Which of the following will increase the present value of an

annuity, other things being equal?

A) Increasing the interest rate.

B) Decreasing the interest rate.

C) Decreasing the number of payments.

D) Decreasing the amount of the payments.

Answer B