Which of the following statements about annuities are true? Check all that apply. An annuity due earns more interest than an ordinary annuity of equal time. An annuity is a series of equal payments made at fixed intervals for a specified number of periods. Ordinary annuities make fixed payments at the beginning of each period for a certain time period. An annuity due is an annuity that makes a payment at the beginning of each period for a certain time period.
+2
Answers (2)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Which of the following statements about annuities are true? Check all that apply. An annuity due earns more interest than an ordinary ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Home » Business » Which of the following statements about annuities are true? Check all that apply. An annuity due earns more interest than an ordinary annuity of equal time.