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tt870116tw tt870116tw
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5 years ago
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 future annuity
C) an annuity due
D) a deferred annuity
Textbook 
Intermediate Accounting

Intermediate Accounting


Edition: 1st
Authors:
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purplelisianthupurplelisianthu
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5 years ago
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tt870116tw Author
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#2
5 years ago
White Heavy Checkmark Correct!
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