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Payments if it is made at end of each period such...

This question belongs to Commerce Financial Management
Financial Management
?

Payments if it is made at end of each period such as an end of year is classified as

Answer & Solution
Correct Answer: Option D
Payments if it is made at end of each period such as an end of year is classified as ordinary annuity and deferred annuity.
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1 Comment
Ekramul Haque
Ekramul Haque 6 years ago
Why not only ordinary annuity.
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