All of the Following Are Conditions for an Ordinary Annuity

question 116

Multiple Choice

All of the following are conditions for an ordinary annuity except

• A) periodic cash flows must be equal in amount
• B) the time periods between the cash flows are the same length
• C) the interest rate is constant for each time period
• D) interest is compounded in the middle of each time period

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Definitions:

Emotions

Three-dimensional emotional states characterized by a person's subjective feeling, their body's physical response, and the way this emotion is manifested through behavior or expression.

Feelings

Emotional states or reactions that are subjectively experienced as a response to external or internal events.

Perceptions

The process by which individuals interpret and assign meaning to sensory information and experiences.

Behavior

Behavior pertains to the actions or reactions of an individual or group in response to external or internal stimuli.