The First Cash Flow of a Deferred Annuity Occurs After

question 41

True/False

The first cash flow of a deferred annuity occurs after several periods have elapsed.

---

Definitions:

Cope Elimination

A reaction where an amine oxide is heated, leading to the elimination of a hydroxylamine and the formation of an alkene.

Amine Oxide

A compound featuring an amine group bonded to an oxygen atom, typically formed by the oxidation of amines.

Quaternary Ammonium Salt

A compound containing a nitrogen atom bonded to four alkyl groups, with a positive charge balanced by a negatively charged anion.

Alkyl Sulfonyl Chloride

Organic compounds used as intermediates in the synthesis of sulfonyl derivatives, featuring a sulfonyl group attached to an alkyl chain ending with a chlorine atom.