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Which of the following statements is correct? a. An ordinary annuity has payments at the end of each period and continues forever. b. An annuity

Which of the following statements is correct?

a. An ordinary annuity has payments at the end of each period and continues forever.

b. An annuity due has payments at the beginning of each period and continues for a fixed period.

c.A perpetuity has inconsistent payments forever.

d. None of the above.

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