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A security offers to pay the holder $1000 at the end of every month for five years. What type of annuity is this? Ordinary annuity.

A security offers to pay the holder $1000 at the end of every month for five years. What type of annuity is this? Ordinary annuity. Regular annuity. Perpetuity. Annuity-due.
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A security offers to pay the holder $1000 at the end of every month for five years. What type of annuity is this? Ordinary annuity. Regular annuity. Perpetuity. Annuity-due

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