What is the type of annuity where the first payment does not begin until some later date in the cash flow ?

Civil Engineering Mcqs

What is the type of annuity where the first payment does not begin until some later date in the cash flow ?

(A)  Ordinary annuity

(B)  Perpetuity

(C)  Annuity due

(D)  Deferred annuity

Submitted By :Ali Uppal

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