An Annuity Is Considered

question 137

Multiple Choice

An annuity is considered:

• A) an ordinary annuity if the payments occur at the beginning of each period.
• B) an annuity due if the payments occur at the end of each period.
• C) an ordinary annuity if the payments occur at the end of each period
• D) an annuity due if the payments occur at the beginning of each period.
• E) Both (c)and (d)

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