Question: The difference between an ordinary annuity and an annuity due is determined by Who the payment is DUE to. Ordinary annuities are cash inflows while

  1. The difference between an ordinary annuity and an annuity due is determined by
    1. Who the payment is DUE to.
    2. Ordinary annuities are cash inflows while annuities due are cash outflows.
    3. When the payment is made - ordinary annuities are when payment is made at the end of a period while annuities due have payment taking place at the beginning of the period.
    4. When the payment is made, ordinary annuities are when payment is made at the beginning of a period while annuities due have payment taking place at the end of the period.

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