Annuities Due

What are Annuities Due?

There are two types of annuities, annuities due and ordinary annuities.

An annuity due is a series of payments made at the beginning of each period for a fixed number of periods, normally years. Ordinary annuities are similar to the annuities due except that the payments are made at the end of each period.

For further information on an annuity due see our tutorials on annuities or see the Wikipedia definition.

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Last modified February 25th, 2018 by Team

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