Ordinary annuities differ from annuities due in that annuities due occur at the ends of time periods while ordinary annuities occur at the beginning.

Name: Ordinary annuities differ from annuities due in that annuities due occur at the ends of time periods while ordinary annuities occur at the beginning.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The statement is incorrect. Ordinary annuities occur at the ends of time periods while annuities due occur at the beginning.

Ordinary Annuities Differ from Annuities Due in That Annuities Due