What is the primary difference between an ordinary annuity and an annuity due? Group of answer choices ordinary annuity only relates to future values the timing of the periodic payment annuity due only relates to future values the interest rate

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter5: The Time Value Of Money
Section: Chapter Questions
Problem 3QTD
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What is the primary difference between an ordinary annuity and an annuity due?
Group of answer choices
ordinary annuity only relates to future values
the timing of the periodic payment
annuity due only relates to future values
the interest rate
 
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