Question
What is the main difference between an ordinary annuity and an annuity due? Number of payments; ordinary annuity continues indefinitely while annuity due ends The
What is the main difference between an ordinary annuity and an annuity due?
Number of payments; ordinary annuity continues indefinitely while annuity due ends
The timing of payment, ordinary annuity paid at the end and the annuity due payment at the beginning
The compounding frequency; annuity due compounds more frequently
The compounding frequency; ordinary annuity compounds more frequently
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Equity Valuation And Portfolio Management
Authors: Frank J. Fabozzi, Harry M. Markowitz
1st Edition
047092991X, 9780470929919
