Which of the following indicates that the first cash flow is at the end of a period?
$\text {\underline{Ordinary annuity } }$ $\text {\underline{Aniluity due} }$

Question

Which of the following indicates that the first cash flow is at the end of a period?
$\text {\underline{Ordinary annuity } }$                        $\text {\underline{Aniluity due} }$

Quizplus · Accepted Answer

An ordinary annuity indicates that the first cash flow occurs at the end of the first period, while an annuity due indicates that the first cash flow occurs at the beginning of the period.

Which of the Following Indicates That the First Cash Flow Ordinary annuity ‾ \text {\underline{Ordinary annuity } }Ordinary annuity ​

Which of the Following Indicates That the First Cash Flow $\text {\underline{Ordinary annuity } }$