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22 February, 15:54

Explain the difference between an ordinary annuity and annuity due

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  1. 22 February, 16:31
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    A more simplistic way of expressing the distinction is to say that payments made under an ordinary annuity occur at the end of the period while payments made under an annuity due occur at the beginning of the period. However, ordinary annuity is the more widely used term
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