Which of the following statements regarding annuities is correct? (select all that apply) If the interest rate is greater than zero, then the future value of an ordinary annuity is greater than the future value of an annuity due. This occurs because the last payment of the ordinary annuity earns interest, while the last payment of the annuity due does not The general assumption in finance is that annuity payments occur at the end of the period, so this type of payment is referred to as an ordinary annuity An annuity is a recurring payment, at set intervals, for a given amount of time An annuity due is like an ordinary annuity with the exception that payments occur at the beginning of each period, instead of at the end of each period