Question: What is the main difference between an ordinary annuity and an annuity due? Number of payments; ordinary annuity continues indefinitely while annuity due ends The

What is the main difference between an ordinary annuity and an annuity due?

Number of payments; ordinary annuity continues indefinitely while annuity due ends

The timing of payment, ordinary annuity paid at the end and the annuity due payment at the beginning

The compounding frequency; annuity due compounds more frequently

The compounding frequency; ordinary annuity compounds more frequently

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