The payments if it is made at the end of each period such as an end of the year is classified as Options: A . &nbspordinary annuity B . &nbspdeferred annuity C . &nbspannuity due D . &nbspboth a and b

The payments if it is made at the end of each period such as an end of the year

Question

The payments if it is made at the end of each period such as an end of the year is classified as

Options:

A . ordinary annuity

B . deferred annuity

C . annuity due

D . both a and b

Answer: Option D
Answer: (d).both a and b

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