Which of the Following Terms Best Describes an Annuity Due

question 112

Multiple Choice

Which of the following terms best describes an annuity due?

• A) a perpetuity
• B) unequal payments
• C) payment at beginning of year
• D) payment at the end of the year

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Definitions:

Eadweard Muybridge

A groundbreaking photographer and inventor who significantly contributed to the development of motion pictures through his study of animal locomotion using sequential photographs.

Photography

The art or practice of capturing images through the light on a light-sensitive surface, either digitally or on film.

Photograph

An image created by capturing light on a light-sensitive surface, traditionally through a chemical process on film, but now also commonly through digital sensors.

Louis Daguerre

A French artist and photographer recognized for his invention of the daguerreotype, one of the earliest photographic processes.