menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial Institutions Instruments and Markets
  4. Exam
    Exam 8: Mathematics of Finance: An Introduction to Basic Concepts and Calculations
  5. Question
    The Main Difference Between an Annuity and an Annuity Due
Solved

The Main Difference Between an Annuity and an Annuity Due

Question 2

Question 2

Multiple Choice

The main difference between an annuity and an annuity due lies in the:


A) number of payments.
B) time of the first payment.
C) interest rate.
D) frequency of payments.

Correct Answer:

verifed

Verified

Related Questions

Q1: What is the current price of an

Q3: A company invests its surplus funds by

Q4: If compounding of interest occurs more often

Q5: When a company issues a commercial bill

Q6: What is the future value of $12

Q7: A bank bill with a face value

Q8: An $8000 bank deposit earning compound interest

Q9: What is the simple annualised interest rate

Q10: Calculate the effective annual interest rate if

Q11: The term 'simple',with regard to interest,refers to

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines