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TEA [102]
3 years ago
12

What is an ordinary annuity?

Mathematics
2 answers:
masha68 [24]3 years ago
7 0

Answer:

An ordinary annuity is a series of equal payments made at the end of consecutive periods over a fixed length of time. The opposite of an ordinary annuity is an annuity due, in which payments are made at the beginning of each period.

Step-by-step explanation:

Paladinen [302]3 years ago
4 0
An ordinary annuity is a series of equal payments made at the end of consecutive periods over a fixed length of time
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