An annuity due differs from an ordinary annuity in that the payments occur at the beginning instead of the end of the period.

Name: An annuity due differs from an ordinary annuity in that the payments occur at the beginning instead of the end of the period.
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An annuity due is a type of annuity in which the payments occur at the beginning of each period, whereas in an ordinary annuity, the payments occur at the end of each period.

An Annuity Due Differs from an Ordinary Annuity in That