Which of the Following Statements Is FALSE

question 48

Multiple Choice

Which of the following statements is FALSE?

• A)The difference between an annuity and a perpetuity is that an annuity ends after some fixed number of payments.
• B)Most car loans,mortgages,and some bonds are annuities.
• C)A growing perpetuity is a cash flow stream that occurs at regular intervals and grows at a constant rate forever.
• D)An annuity is a stream of N equal cash flows paid at irregular intervals.

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Definitions:

Virtue

A trait or quality deemed to be morally good and thus is valued as a foundation of good moral being.

Admirable Character

Qualities or traits in a person that are considered morally good and worthy of respect.

Conscience

A source of knowledge that provides us with knowledge about what is right and wrong.

Emotional Component

The part of any situation or experience that involves the psychological and physiological response to emotions, influencing behavior and decision-making.