Cash Payments of Equal Amounts, Made at the Beginning of Each

question 23

Multiple Choice

Cash payments of equal amounts, made at the beginning of each period, is called an

• A)ordinary annuity.
• B)annuity in arrears.
• C)annuity due.
• D)installment series.

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Definitions:

RICO Act

The Racketeer Influenced and Corrupt Organizations Act, a U.S. federal law designed to combat organized crime by allowing prosecution of all individuals involved in a corrupt organization.

Arson

The willful or malicious act of causing the burning of another’s property.

Aggravated Burglary

In criminal law, gaining unlawful entry to an occupied building by using a deadly weapon, inflicting actual harm, attempting to harm, or threatening to harm, with the intent to commit a crime.

Forced Entry

The act of entering property without permission, typically using violence or force.