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Which of the following statements about annuity calculation is NOT true? Group of answer choices When we use a financial calculator to calculate an annuity,

Which of the following statements about annuity calculation is NOT true?

Group of answer choices

When we use a financial calculator to calculate an annuity, the END mode is for an ordinary annuity calculation and the BEG mode is for an annuity due calculation.

When we use Microsoft Excel to calculate an annuity, Type $= 0$ or omitted is for an ordinary annuity calculation and Type $= 1$ is for an annuity due calculation.

When we use Microsoft Excel to calculate an annuity, Type $= 1$ or omitted is for an annuity due calculation and Type $= 0$ is for an ordinary annuity calculation.

None of the above statements is correct.

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