The future amount of an annuity due is determined one period

A) after the last rent in the series
B) before the next rent in the series
C) before the last rent in the series
D) after the next rent in the series

Annuity Due

An annuity whose payments are made at the beginning of each period.

Future Amount

The expected value of an asset or amount of money at a specific date in the future, often factoring in variables like interest rates and compounding periods.