If You Receive $1,000 Payment at the End Each Year

question 88

Multiple Choice

If you receive $1,000 payment at the end each year for the next five years, what type of cash flow do you have?

• A) Uneven cash flow stream
• B) An annuity
• C) An annuity due
• D) None of the above

---

Definitions:

Genetic Engineering

The direct manipulation of an organism's genes using biotechnology to alter its characteristics.

Biodiversity

The variety and variability of life on Earth, encompassing the diversity of ecosystems, species, and genes.

Speciation

The process through which new genetically distinct species evolve from a single ancestral species.

Geographic Isolation

A situation where a population of species is physically separated from exchanging genetic material with other populations due to geographical barriers, leading to divergent evolution.