What happens to the present value of an annuity as the, Financial Management

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What happens to the present value of an annuity as the

1. What happens to the present value of an annuity as the interest rate increases? What happens to the future value of an annuity as the interest rate increases?

2. Which would you prefer to invest in: a savings account paying 6 percent compounded annually or a savings account paying 6 percent compounded daily? Why?

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Financial Management: What happens to the present value of an annuity as the

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Financial Management: What happens to the present value of an annuity as the

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