All of the Following Are Conditions for an Annuity Except

question 57

Multiple Choice

All of the following are conditions for an annuity except

• A)periodic cash flows must be equal in amount
• B)the time periods between the cash flows are the same length
• C)the interest rate is constant for each time period
• D)the interest rate is compounded at the middle of each time period

---

Definitions:

Coefficient Of Determination

A statistic that indicates the proportion of the variance in the dependent variable that is predictable from the independent variable(s).

Dependent Variable

In an experimental setup, the variable being tested and measured, which is expected to change due to manipulations of the independent variable.

Independent Variable

A variable in an experiment or study that is manipulated or controlled by the researcher to observe its effect on the dependent variable.

Numerical Techniques

Computational algorithms used to solve mathematical problems, including equations, optimizations, and simulations.