Question: Chapter 13 : Practical Business Math Explain the difference between an ordinary annuity and an annuity due. Begin by explaining what an annuity is. Explain

Chapter 13: Practical Business Math

  1. Explain the difference between an ordinary annuity and an annuity due. Begin by explaining what an annuity is.
  2. Explain how you use the ordinary annuity table to calculate an annuity "due.
  3. Comment on some situations where you would use the present value of ordinary annuity table.

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