Which One of the Following Is a Correct Definition

question 124

Multiple Choice

Which one of the following is a correct definition?

• A) A perpetuityis an infinite stream of unequal payments.
• B) An ordinary annuity is a stream of equal payments which occur at the end of each time period.
• C) An annuity due is a stream of unequal payments which occur at the beginning of each time period.
• D) An ordinary annuity is an infinite stream of equal payments which occur at the end of each time period.
• E) A perpetuityis a series of equal payments which occur in even time intervals over a limited period of time.

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Definitions:

Domains

Refers to specific areas of interest, expertise, or activity, such as technology, biology, or education, which are used for organizing knowledge or resources.

Performance

The level of accomplishment of a given task measured against preset known standards of accuracy, completeness, cost, and speed.

Aggregation

The process of combining multiple pieces of data or information into a single group or summary value.

Performance-Based Pay

A compensation system where an employee's pay is based on performance or the achievement of specific targets.