Annuity ordinary: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Administrator (CSV import) |
imported>Doug Williamson m (Spacing.) |
||
| Line 1: | Line 1: | ||
An annuity in which each of the cash flows is paid in arrears (at the end of each period). | An annuity in which each of the cash flows is paid in arrears (at the end of each period). | ||
This is the usual case, so that such a pattern of cash flows is more commonly called simply ''an annuity''. | This is the usual case, so that such a pattern of cash flows is more commonly called simply ''an annuity''. | ||
| Line 5: | Line 6: | ||
* [[Annuity]] | * [[Annuity]] | ||
* [[Annuity due]] | * [[Annuity due]] | ||
Revision as of 20:43, 27 July 2013
An annuity in which each of the cash flows is paid in arrears (at the end of each period).
This is the usual case, so that such a pattern of cash flows is more commonly called simply an annuity.
