Question for my Managerial Finance Class

profileSoldier732

I need this question answered ASAP! It should be 2 strong paragraphs and a source cited. Please, no copy and paste. Thanks!

 

Why does an annuity due always have a higher future value than an ordinary annuity?

Would you prefer to receive an annuity due for $10,000 per year for 10 years or an otherwise similar ordinary annuity? Why? 

    • 10 years ago
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