When the present value of an annuity is calculated as of two or more periods before the payment of the first cash flow, the annuity is
A. an ordinary annuity.
B. a deferred ordinary annuity.
C. a compound annuity due.
D. a compound ordinary annuity.
Answer: B
You might also like to view...
Determine the indicated term of the given recursively defined sequence.a1 = 4, a2 = 12, ak+2 = ak+1 + 8; a4
A. 12 B. 20 C. 36 D. 28
Use the Half-angle Formulas to find the exact value of the trigonometric function. sin 165°
A. 
B. 
C. - 
D. - 
Solve the problem.If tan ? = 
, and ? < ? < 
, then find tan 2?.
A. - 
B. 
C. 
D. - 
Alice's symptoms of menopause include hot flashes and the cessation of her monthly menstrual cycle. What is Alice's physician likely to tell her she is experiencing?
A. non-normative life event B. age-graded influence C. history-graded influence D. sociocultural-graded influence