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.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
