Which of the following phrases would not be utilized if the payments were an annuity due?
A)End-of-period payments
B)Starting immediately
C)Starting now
D)Starting today

Question

Quizplus · Accepted Answer

An annuity due involves payments at the beginning of each period, so "End-of-period payments" would not be used to describe it, as this phrase implies payments are made at the end of each period, which is characteristic of an ordinary annuity, not an annuity due.

Which of the Following Phrases Would Not Be Utilized If