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 answer choices are correct.

Question

Quizplus · Accepted Answer

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

Which of the Following Is True