Question

The payments if it is made at the end of each period such as an end of the year is classified as

a.

ordinary annuity

b.

deferred annuity

c.

annuity due

d.

both a and b

Posted under Financial Management and Financial Markets

Answer: (d).both a and b

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Q. The payments if it is made at the end of each period such as an end of the year is classified as
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