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An Annuity Due Is

Question 36

Multiple Choice

An annuity due is


A) a series that starts at the end of the first period and increases by constant amount thereafter.
B) a series that starts at the end of the first period and increases by constant percentage thereafter.
C) a series that starts at the end of the first period and remains constant thereafter.
D) a series that starts now and increases by constant amount thereafter.
E) a series that starts now and remains constant thereafter.

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