What's the difference between an ordinary annuity and an annuity due? What type of annuity is shown

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What's the difference between an ordinary annuity and an annuity due? What type of annuity is shown here? How would you change it to the other type ofannuity?

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Annuity
An annuity is a series of equal payment made at equal intervals during a period of time. In other words annuity is a contract between insurer and insurance company in which insurer make a lump-sum payment or a series of payment and, in return,...
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Fundamentals of Financial Management

ISBN: 978-0324664553

Concise 6th Edition

Authors: Eugene F. Brigham, Joel F. Houston

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