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Which is NOT an essential element of an ordinary annuity?

  1. The amounts of all payments are equal.
  2. The payments are made at equal interval of time.
  3. The first payment is made at the beginning of the first period.
  4. Compound interest is paid on all amounts in the annuity.
LohaHridoy
LohaHridoy
5 views
2025-01-04 04:42

1 Answers

AhmedNazir
AhmedNazir

Answer: Option 3

Let'

5 views Answered 2022-09-01 13:21

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