course saglia co 1509937190597/-a Average: /7 Attempts: 9. Future value of annui
ID: 2564053 • Letter: C
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course saglia co 1509937190597/-a Average: /7 Attempts: 9. Future value of annuities There are two categories of cash flows: single cash flows, referred to as "lump sums," and annuities. Based on your understanding of annuities, answer the following questions. Which of the following statements about annuities are true? Check all that apply. An ordinary annuity of equal time earns less interest than an annuity due. when equal payments are made at the end of each period for a certain time period, they are treated as an annuity due. when equal payments are made at the end of each period for a certain time period, they are treated as ordinary annuities. A perpetuity is a series of equal payments made at fixed intervals that continue infinitely and can be thought s an infinite annuity. Session Timeout Which of the following is an example of an annuity? 0 Type here to searchExplanation / Answer
Answer 1: when equal payments are made at the end of each period for certain time periods are known as annuity.
Answer 2:the retirement fund to set up to pay a series of regular payment.
Answer 3: $ 7582.49
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