Annuities with payments occurring at the end of each time period are called ________,whereas annuities with payments occurring at the beginning of each time period are called ________.

Question

Quizplus · Accepted Answer

Annuities with payments occurring at the end of each time period are called ordinary annuities, whereas annuities with payments occurring at the beginning of each time period are called annuities due. This is a commonly used terminology in finance and accounting. The other answer choices are not correct.

Annuities with Payments Occurring at the End of Each Time