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An ordinary annuity has its first payment ______, but an annuity due has its first payment _________. at the beginning of the period; at the beginning of the period. at the beginning of the period; at the end of the period. at the end of the period; at the end of the period. at the end of the period; at the beginning of the period.

An ordinary annuity has its first payment ______, but an annuity due has its first payment _________.

       at the beginning of the period; at the beginning of the period.

       at the beginning of the period; at the end of the period.

       at the end of the period; at the end of the period.

       at the end of the period; at the beginning of the period.

 
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