Which of the following correctly describes the difference between an annuity due and

an ordinary annuity?

A Ordinary annuities have perpetual payments, but an annuity due has a fixed number of

payments.

B Ordinary annuities have payments at the beginning of the period, but an annuity due pays at

the end of the period.

C Ordinary annuities have a fixed number of payments, but an annuity due has perpetual

payments.

D Ordinary annuities have payments at the end of the period, but an annuity due pays at the

beginning of the period.