in a annuity due the future value grows by one period less T

in a annuity due, the future value grows by one period less? True or false

if you want to borrow money your payments must be such that they are equal to the future value of money? True or false

Higher is the discount rate, lower is the present value? true or false

Solution

False It grows by one period more

False It is not a simple sum to the future value

True it is inversely proportional