Answer: A series of equal cash flows that occur at the beginning of each of the equally spaced intervals (Days month year)
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Annuity Due?
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Annuity due is an annuity whose payment is due immediately at the beginning of each period. A common example of an annuity due payment is rent as landlords often require payment upon the start of a new month as opposed to collecting it after the renter has enjoyed the benefits of …
Annuity Due . A payment that must be made at the beginning rather than at the end of a period. For example an annuity due may require payment at the beginning of the month instead of at the end. Many lease agreements have annuity due payments while credit cards for example do not.
An annuity due is a repeating payment that is made at the beginning of each period s...
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