Annuities Explained

Why your car insurance company will pay U.S. insist that the beginning of each period?

What type of annuity is it? Please explain – corporate finance is for my task … I need an answer that satisfies a teacher, I realize that people want payment before delivery services, but in terms of finance, please!

If you ask, in terms of the formula? A formula annuity can be used to calculate annuity payments at the end of each period or annuity payments at the beginning of each period. The term that perhaps is looking for "annuity in advance" by annuity at the beginning of the period.

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