Annuities Due BEG MODE
An annuity whose payments occur at the beginning of the period. First payment is due at time 0 not 1. VALUE is GREATER than ordinary annuity because you get your payments earlier!
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Annuities Due BEG MODE
An annuity whose payments occur at the beginning of the period. First payment is due at time 0 not 1. VALUE is GREATER than ordinary annuity because you get your payments earlier!