Which One of the Following Features Distinguishes an Ordinary Annuity

question 29

Multiple Choice

Which one of the following features distinguishes an ordinary annuity from an annuity due?

• A)Number of equal payments
• B)Amount of each payment
• C)Frequency of the payments
• D)Annuity interest rate
• E)Timing of the annuity payments

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Definitions:

Farmers

Individuals engaged in agriculture, raising living organisms for food or raw materials.

Courtesy

The showing of politeness in one's attitude and behavior towards others.

Positive Energy

The bringing or emanation of a positive, uplifting, and optimistic attitude that can influence oneself and those around positively.

Dialogue

A conversation between two or more people as a feature of a book, play, or movie, or a discussion aimed at resolution.