An Annuity Due Is

question 36

Multiple Choice

An annuity due is

• A)a series that starts at the end of the first period and increases by constant amount thereafter.
• B)a series that starts at the end of the first period and increases by constant percentage thereafter.
• C)a series that starts at the end of the first period and remains constant thereafter.
• D)a series that starts now and increases by constant amount thereafter.
• E)a series that starts now and remains constant thereafter.