An Ordinary Annuity Can Be Defined as

question 22

Multiple Choice

An ordinary annuity can be defined as

• A) a series of unequal payments received or paid at equal intervals at the beginning of each period.
• B) a series of equal payments received or paid at equal intervals of time at the end of each period.
• C) a lump sum.
• D) intermittent payments for ordinary expenses.

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Definitions:

"g" Factor

A concept in psychology referring to general intelligence, representing a core of common skill underlying all specific cognitive abilities.

"g" Factor

The general intelligence factor believed to underlie specific mental abilities and talents.

General

Pertaining to or affecting all or most people, places, or things; widespread.

Spearman's "g" Factor

A theory proposed by Charles Spearman that suggests human intelligence is a single general cognitive ability that can be measured and quantitatively expressed.