An Annuity Due

question 94

Multiple Choice

An annuity due:

• A) is an annuity in which the cash flows occur at the beginning of each period.
• B) makes the cash flow in the beginning of year 1 look like it's a cash flow of today.
• C) moves the cash flow from the end of the year to the beginning, which looks like the end of the previous year.
• D) the appropriate tax rate.

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Definitions:

Clients Table

A table in a database that contains information about clients or customers, including details like name, contact information, and purchasing history.

Calculated Control

A component in databases and applications that displays values resulting from a calculation rather than stored data.

Total Row

A feature in tables and databases that automatically calculates and displays the sum, average, count, or other aggregate functions for numerical data in a column.

Insert Image

A functionality in software applications that allows users to place graphical images into documents, presentations, or databases.