Multiple Choice
What is the difference between an annuity and an annuity due?
A) There are no payments in an annuity due.
B) Payments are at the beginning of the month for an annuity and at the end of the month for an annuity due.
C) Payments are at the beginning of the month for an annuity due and at the end of the month for an annuity.
D) There is no difference.
Correct Answer:
Verified
Correct Answer:
Verified
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