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Which of the following statements is true? In an annuity, due payments occur at the end of the period. In an ordinary annuity, payments occur
Which of the following statements is true?
In an annuity, due payments occur at the end of the period.
In an ordinary annuity, payments occur at the end of the period.
A perpetuity will mature at some point in the future.
One cannot calculate the present value of a perpetuity.
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