Posted by **meakie** on Tuesday, April 20, 2010 at 7:07pm.

You are considering two equally risky annuities, each of which pays $5,000 per year for 10 years. Investment ORD is an ordinary (or deferred) annuity, while Investment DUE is an annuity due. Which of the following statements is CORRECT?

## Answer This Question

## Related Questions

- finance, please help - 1. Calculate the present value of an investment given the...
- finite math - A $1.2 million state lottery pays $5,000 at the beginning of each ...
- Math - Jim Gray invested $8,500 four times a year in an annuity due at All-Star ...
- algebra - Suppose a retiree wants to buy an ordinary annuity that pays her $2,...
- finance - Q.1.Differentiate future value from present value and explain how ...
- math - A used piece of rental equipment has 3Â½ years of useful life remaining. ...
- math - A used piece of rental equipment has 3½ years of useful life remaining. ...
- business math - What is the future value of an annuity that has the following ...
- Business Algebra - Part I: As a financial planner a client comes to you for ...
- Annuities - Can someone tell me if this is ordinary annuity of future or ...

More Related Questions