Multiple Choice What is annuity due Question options: a series that starts at th
ID: 1174193 • Letter: M
Question
Multiple Choice
What is annuity due
Question options:
a series that starts at the end of the first period and increases by constant amount thereafter
a series that starts at the end of the first period and increases by constant percentage thereafter
a series that starts at the end of the first period and remains constant thereafter
a series that starts now and increases by constant amount thereafter
a series that starts now and remains constant thereafter
Aa series that starts at the end of the first period and increases by constant amount thereafter
Ba series that starts at the end of the first period and increases by constant percentage thereafter
Ca series that starts at the end of the first period and remains constant thereafter
Da series that starts now and increases by constant amount thereafter
Ea series that starts now and remains constant thereafter
Explanation / Answer
Ans : c ) a series that starts at the end of the first period and remains constant thereafter.
Explanation :
Annuity due is a due which payment occurs at the beging of each period.
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