Showing posts with label ANNUITY. Show all posts
Showing posts with label ANNUITY. Show all posts

Feb 8, 2013

Why Present Value of "Annuity Due" higher than "Ordinary Annuity"?

invest growth
Why is the present value of the annuity due higher than that of the ordinary annuity? To answer this question, let's look at the same time understanding the difference between these two annuities.