Explain the difference between an ordinary annuity and an annuity due. (Multiple Choice) A. Ordinary annuities earn simple interest. Annuities due earn compound interest. B. Annuities due have higher interest rates than ordinary annuities. C. Annuities due have lower interest rates than ordinary annuities. D. With an ordinary annuity, payments are made at the end of each period. With an annuity due, payments are made at the beginning of each period. E. Ordinary annuities have fixed interest rates. With an annuity due, the interest rate may change.

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