Answered

Westonci.ca is the premier destination for reliable answers to your questions, brought to you by a community of experts. Explore our Q&A platform to find reliable answers from a wide range of experts in different fields. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

Which of the following statements about annuities are true?
a. Ordinary annuities make fixed payments at the end of each period for a certain time period.
b. An annuity due is an annuity that makes a payment at the end of each period for a certain time period.
c. A perpetuity is a constant, infinite stream of equal cash flows that can be thought of as an infinite annuity.
d. An annuity due earns more interest than an ordinary annuity of equal time.

Sagot :

Answer:

A

B

D

Explanation:

We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. We appreciate your time. Please come back anytime for the latest information and answers to your questions. Thank you for trusting Westonci.ca. Don't forget to revisit us for more accurate and insightful answers.