Which of the Following Most Accurately Describes an Annuity

question 80

Multiple Choice

Which of the following most accurately describes an annuity?

• A) an investment which produces increasing cash flows over time
• B) a series of unequal cash payments made at equal time intervals
• C) a stream of equal cash payments made at equal time intervals
• D) a term that does not apply to mortgage payable or bond payable

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Definitions:

Marital Rape

The act of sexual assault by one spouse against the other, recognized legally as a crime in many jurisdictions.

Illegal

Actions or activities that are forbidden by law or statute, carrying penalties for those who engage in them.

Least Common

Describes the item, occurrence, or characteristic that appears or is found in the smallest quantity or frequency compared to others in a set or group.

Race

A social construct defining groups of humans based on shared physical or social qualities into categories.