Examveda
Examveda

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

A. ordinary annuity

B. deferred annuity

C. annuity due

D. Both A and B

Answer: Option D

Solution(By Examveda Team)

Payments if it is made at end of each period such as an end of year is classified as ordinary annuity and deferred annuity.

This Question Belongs to Commerce >> Financial Management

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Comments ( 1 )

  1. Ekramul Haque
    Ekramul Haque :
    3 years ago

    Why not only ordinary annuity.

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