Annuity due
From ACT Wiki
Financial maths.
An annuity in which each of the cash flows is paid in advance (at the start of each period).
An annuity due is more valuable than an annuity ordinary.
Financial maths.
An annuity in which each of the cash flows is paid in advance (at the start of each period).
An annuity due is more valuable than an annuity ordinary.