Future value of annuities Which of the following statements about annuities are true?

a. An annuity is a series of equal payments made at fixed intervals for a specified number of periods.
b. Ordinary annuities make fixed payments at the beginning of each period for a certain time period.
c. An annuity due is an annuity that makes a payment at the beginning of each period for a certain time period.
d. An annuity due earns more interest than an ordinary annuity of equal time.

The correct answers are letters "A" and "C": An annuity is a series of equal payments made at fixed intervals for a specified number of periods; An annuity due is an annuity that makes a payment at the beginning of each period for a certain time period.

Explanation:

Annuities are contracts purchased from insurance companies that can be paid in a lump-sum or in small payments to have a series of equal re-payments from that company regularly during an interval of time. Due annuities request those payments to be made at the beginning of having signed the contract.

where is the graph?

answer; /// the use of a bank credit card to make purchase;