A(n)____ Is a Financial Instrument That Agrees to Pay an Equal

question 33

Multiple Choice

A(n) ____ is a financial instrument that agrees to pay an equal amount of money per period into the indefinite future (i.e. forever) .

• A)imbedded annuity
• B)annuity due
• C)sinking fund
• D)perpetuity

---

Definitions:

Customer

An individual or business that purchases goods or services from a company.

Retailer

A business or individual that sells goods or services directly to consumers, acting as the final link in the supply chain.

In-Transit Merge

Logistics strategy where goods from different suppliers are combined into a single shipment en route to the customer to reduce handling costs and improve efficiency.

Drop-Shipping

A retail fulfillment method where a store doesn't keep the products it sells in stock but instead transfers the customer orders and shipment details to either the manufacturer or a wholesaler, who then ships the goods directly to the customer.