Annuities where the payments occur at the end of each time period are called ________,whereas ________ refer to annuity streams with payments occurring at the beginning of each time period.
A)ordinary annuities; early annuities
B)late annuities; straight annuities
C)straight annuities; late annuities
D)annuities due; ordinary annuities
E)ordinary annuities; annuities due

Question

Quizplus · Accepted Answer

Ordinary annuities involve payments at the end of each period, while annuities due involve payments at the beginning of each period.

Annuities Where the Payments Occur at the End of Each