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An annuity due series of cash flows... ...means the payments occur at the beginning of the compounding period instead of the end. ...is just a

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An annuity due series of cash flows... ...means the payments occur at the beginning of the compounding period instead of the end. ...is just a confusion tactic to frustrate finance students. ...earns less interest growth than a regular annuity. ...means the payments are owed, not received

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