What Is the Primary Difference Between an Ordinary Annuity and an Annuity

question 63

Multiple Choice

What is the primary difference between an ordinary annuity and an annuity due?

• A) the interest rate
• B) annuity due only relates to future values
• C) ordinary annuity only relates to future values
• D) the timing of the periodic payment

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Definitions:

Rejected

Describes something that has been dismissed, refused, or turned down, often after consideration or evaluation.

Ivan Pavlov

Ivan Pavlov was a Russian physiologist best known for discovering classical conditioning, where a neutral stimulus becomes associated with a reflexive response.

Classical Conditioning

A learning process that pairs a naturally occurring stimulus with a previously neutral stimulus, leading to a learned response.

Researcher

An individual who conducts systematic investigations and analysis in a particular field of study to discover or interpret new knowledge.