Annuities in which the payout amount varies according to arythmetic progression:

a.

cannot be classified as paid in advance or in arrears

b.

can be only paid in advance – so called "due"

c.

can be paid in both methods – as "immediate" or "due"

d.

can be only paid in arrears – so called "immediate"

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d can be only paid in arrears so called immediate detailed explanation In an arithmetic progressio... View the full answer