Which of the following is true?
A)Rents occur at the beginning of each period of an ordinary annuity.
B)Rents occur at the end of each period of an annuity due.
C)Rents occur at the beginning of each period of an annuity due.
D)None of these.

Question

Quizplus · Accepted Answer

In an ordinary annuity, rents occur at the end of each period whereas in an annuity due, rents occur at the beginning of each period. Therefore, option C is the correct answer.

Which of the Following Is True