Question: You're analyzing two annuities. Both provide $ 2 , 5 0 0 annually for 5 years at a rate of 6 . 5 % .

You're analyzing two annuities. Both provide $2,500 annually for 5 years at a rate of 6.5%. What is the difference between the ordinary annuity and the annuity due?
$0
not enough information
annuity due is $675 greater
ordinary annuity is $675 greater
You're analyzing two annuities. Both provide $2,500 annually for 5 years

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