A $100 Annuity Is

question 56

Multiple Choice

A $100 annuity is

• A)$100 received in a single year
• B)$100 received each year forever
• C)more or less than $100, dependent on the interest rate, received for a certain number of years
• D)$100 received each year for a certain number of years
• E)more or less than $100, dependent on the interest rate, received until an upper limit is reached

---

Definitions:

Organizational Chart

A diagram that shows the structure of an organization and the relationships and relative ranks of its parts and positions/jobs.

Formal Communication Network

An organized system of channels and pathways for the exchange of information within an organization following official protocols.

Organizational Charts

Diagrams that depict the structure of an organization, including the relationships and relative ranks of its parts and positions/jobs.

Horizontal Communication

The exchange of information, ideas, and messages between individuals or groups at the same level in an organization.