Time lines cannot be constructed for annuities unless all the payments occur at the end of the periods.

Question

Quizplus · Accepted Answer

Time lines can be constructed for annuities with payments made at the beginning of the periods as well as at the end. The construction of the time line may differ slightly depending on when the payments are made, but it is still possible to represent an annuity with payments made at the beginning of the periods.

Time Lines Cannot Be Constructed for Annuities Unless All the Payments