What is between an ordinary annuity vs an annuity due

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Problem 1: If a company's sales are growing at a rate of 20% annually, how long will it take sales to double?

Problem 2: What's the difference between an ordinary annuity and an annuity due? What type of annuity is shown here? How would you change it to the other type of annuity?

Reference no: EM132755928

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