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Annuities Where the Payments Occur at the End of Each

Question 43

Multiple Choice

Annuities where the payments occur at the end of each time period are called ________,whereas ________ refer to annuity streams with payments occurring at the beginning of each time period.


A) ordinary annuities; early annuities
B) late annuities; straight annuities
C) straight annuities; late annuities
D) annuities due; ordinary annuities
E) ordinary annuities; annuities due

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