A Stream of Equal Cash Payments Lasting Forever Is Termed

question 29

Multiple Choice

A stream of equal cash payments lasting forever is termed as:

• A)an annuity.
• B)an annuity due.
• C)an installment plan.
• D)a perpetuity.

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Definitions:

Vehicle Chassis

The main structural frame of a vehicle, including the undercarriage and foundation to which the body and mechanical components are attached.

Priority

The designation of an item or task as more important relative to other items or tasks, determining its order of attention or action.

Data Bus

A communication system within a computer or between computers designed to transfer data.