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Questions and Answers
An ordinary annuity makes payments at the beginning of the period.
An ordinary annuity makes payments at the beginning of the period.
- It depends on the type of annuity
- It depends on the amount of payments
- False
- True (correct)
When are payments made in an ordinary annuity?
When are payments made in an ordinary annuity?
- It depends on the type of annuity
- At the end of the period
- At the beginning of the period (correct)
- It depends on the amount of payments
Is it possible for an ordinary annuity to make payments at the end of the period?
Is it possible for an ordinary annuity to make payments at the end of the period?
- It depends on the type of annuity
- No (correct)
- It depends on the amount of payments
- Yes
