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

question 149

Multiple Choice

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

• A) The timing of the periodic payment.
• B) The interest rate.
• C) Annuity due only relates to present values.
• D) Ordinary annuity only relates to present values.

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Definitions:

Nineteenth Century

The period from 1801 to 1900, characterized by significant political, social, and technological change worldwide.

Conjunctions

Words used to connect clauses or sentences, or to coordinate words in the same clause, such as "and," "but," "or," and "so."

Punctuated Correctly

Written or arranged with proper use of punctuation marks to clarify meaning.

Soy Sauce

A dark, salty liquid condiment, traditionally made by fermenting soybeans and wheat, used in various cuisines, particularly East Asian and Southeast Asian.