There are two types of annuities, [...] and the [...]
Answer
the annuity due
ordinary annuity.
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#summary #tvm
Question
There are two types of annuities, [...] and the [...]
Answer
?
Tags
#summary #tvm
Question
There are two types of annuities, [...] and the [...]
Answer
the annuity due
ordinary annuity.
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Open it s per year.
The effective annual rate is the amount by which a unit of currency will grow in a year with interest on interest included.
An annuity is a finite set of level sequential cash flows.
<span>There are two types of annuities, the annuity due and the ordinary annuity. The annuity due has a first cash flow that occurs immediately; the ordinary annuity has a first cash flow that occurs one period from the present (indexed at t = 1).
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