he difference between an ordinary annutty and an annulty due is: Multiple Choice an ordinary annuity represents a present value and an annuity due represents a future value. an ordinary annuity represents a future value and an annuity due represents a present value. an ordinary annuity assumes the cash flows occur at the beginning of the period and an annuity due assumes the cash flows occur at the end of the period. an ordinary annuity assumes the cash flows occur at the end of the period and an annuity due assumes the cash flows occur at the beginning of the period.
he difference between an ordinary annutty and an annulty due is: Multiple Choice an ordinary annuity represents a present value and an annuity due represents a future value. an ordinary annuity represents a future value and an annuity due represents a present value. an ordinary annuity assumes the cash flows occur at the beginning of the period and an annuity due assumes the cash flows occur at the end of the period. an ordinary annuity assumes the cash flows occur at the end of the period and an annuity due assumes the cash flows occur at the beginning of the period.
Chapter4: Time Value Of Money
Section: Chapter Questions
Problem 1Q
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The difference between an ordinary annulty and an annulty due Is:
Multiple Choice
an ordinary annuity represents a present value and an annuity due represents a future value.
an ordinary annuity represents a future value and an annuity due represents a present value.
an ordinary annuity assumes the cash flows occur at the beginning of the period and an annuity due assumes the cash flows occur at the end of the period.
an ordinary annuity assumes the cash flows occur at the end of the period and an annuity due assumes the cash flows occur at the beginning of the period.
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