Question

Explain 'annuity due' with one example.
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Answer 1

Explanation:

hey mate it's very simple....

annuity means if one Pearson the a loan after he pay monthly amount for recover that loan amount and every month he paid same amount ......

that monthly amount as know as annuity......

Answer 2

Answer:

Annuity due is an annuity whose payment is due immediately at the beginning of each period. A common example of an annuity due payment is rent, as landlords often require payment upon the start of a new month as opposed to collecting it after the renter has enjoyed the benefits of the apartment for an entire month.