Barb Smith is trying to understand ordinary annuities and annuities due. Could you please tell her which one of the following is correct concerning ordinary annuities and annuities due? None of the given answers is correct An ordinary annuity will have a larger present value than an annuity due given that the annuities are otherwise identical. An annuity due will have a larger future value than an ordinary annuity given that the annuities are otherwise identical. An ordinary annuity is one where the payment occurs at the beginning of the period. An annuity due applies only to equal payments made in annual increments