Annuity due

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Annuity due in an annuity with payments occurring at the beginning of each period.


Definitions

According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),

Annuity due. An annuity with payments occurring at the beginning of each period.

According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),

Annuity due. An annuity whose payments occur at the beginning of each period.

Related concepts

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