When cash flows occur at the beginning of each period, it is called as ___________
A . Annuity in arrear
B . Annuity due
C . Ordinary annuity
D . None of the above
Answer: B
When cash flows occur at the beginning of each period, it is called as ___________
A . Annuity in arrear
B . Annuity due
C . Ordinary annuity
D . None of the above
Answer: B