Question

In ordinary annuity the periodic payment is done at------of each period. .
a) start
c) middle
b) end
d) none of these
а
ОООО
с​

Answer 1

Answer:

:- An ordinary annuity is a series of regular payments made at end of each period, as monthly or quarterly. In an annuity due, by contrast, payments are made at the beginning of each period.