Which of the Following Statements Is CORRECT

question 159

Multiple Choice

Which of the following statements is CORRECT?

• A) 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.
• B) The cash flows for an ordinary (or deferred) annuity all occur at the beginning of the periods.
• C) If a series of unequal cash flows occurs at regular intervals, such as once a year, then the series is by definition an annuity.
• D) The cash flows for an annuity due must all occur at the beginning of the periods.
• E) 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.

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Definitions:

Nurture

The influence of external factors like environment, education, and social experiences on the development of an individual's behaviors and traits.

Inherited

Passed down genetically from one generation to another, referring to traits or conditions determined by one's genes.

Nature-nurture Debate

The nature-nurture debate discusses the relative importance of an individual's innate qualities versus personal experiences in determining or causing differences in physical and behavioral traits.

Evolutionary Psychology

A scientific approach in studying psychological foundations within the natural and social sciences, leveraging contemporary evolutionary perspectives.