Annuities Where the Payments Occur at the End of Each

question 43

Multiple Choice

Annuities where the payments occur at the end of each time period are called ________,whereas ________ refer to annuity streams with payments occurring at the beginning of each time period.

• A)ordinary annuities; early annuities
• B)late annuities; straight annuities
• C)straight annuities; late annuities
• D)annuities due; ordinary annuities
• E)ordinary annuities; annuities due

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