Which of the Following Statements Is CORRECT

question 99

Multiple Choice

Which of the following statements is CORRECT?

• A) The cash flows for an ordinary (or deferred)annuity all occur at the beginning of the periods.
• B) If a series of unequal cash flows occurs at regular intervals,such as once a year,then the series is by definition an annuity.
• C) The cash flows for an annuity due must all occur at the beginning of the periods.
• D) The cash flows for an annuity may vary from period to period,but they must occur at regular intervals,such as once a year or once a month.
• E) If some cash flows occur at the beginning of the periods while others occur at the ends,then we have what the textbook defines as a variable annuity.

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Definitions:

Freudian Theory

A psychological framework developed by Sigmund Freud that emphasizes unconscious motivations and conflicts as driving human behavior and personality development.

Life-giving Instinct

An innate or natural drive in living beings to reproduce or engage in behaviors that sustain life or promote well-being and survival.

Thanatos

In psychoanalytic theory, it represents the death drive, postulated by Freud as a basic human instinct oriented toward self-destruction and destructiveness.

Eros

In Freudian theory, the constructive, life-giving instinct.