An Annuity Due Pays Out

Multiple Choice

An annuity due pays out

A) equal payments at the beginning of each time period and continues forever.
B) unequal payments at the beginning of each time period for a fixed number of periods.
C) equal payments at the beginning of each time period for a fixed number of periods.
D) unequal payments at the end of each time period for a fixed number of periods.
E) equal payments at the end of each time period and continues forever.