Loan A has Same Principle, Rate, Payment But is Annuity Due.

Intermediate Accounting

Spiceland, Nelson, and Thomas

10th Edition

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Tells you Loan A is Annuity Due and Loan B is an Ordinary Annuity. Asks which has a higher present value.

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  • Search Terms: a a is amount an and annuity annuity. as b b. be: due, has however, interest is loan of loan ordinary original payment present principal, rate, same structured the value while will
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