Why does an annuity due always have a higher future value

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Why does an annuity due always have a higher future value than an ordinary annuity?Would you prefer to receive an annuity due for $10,000 per year for 10 years or an otherwise similar ordinary annuity? Why?

Reference no: EM13392912

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Why does an annuity due always have a higher future value

Reference no: EM13392912

Reference no: EM13392912

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