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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