When solving a problem involving an annuity due,you must select the "beg" or beginning mode on your financial calculator.

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This is because an annuity due has its first payment at the beginning of the payment period, while an ordinary annuity has its first payment at the end of the payment period. Therefore, selecting the "beg" or beginning mode on your financial calculator is necessary to correctly calculate the annuity due.

When Solving a Problem Involving an Annuity Due,you Must Select