A Series of Equal Periodic Payments That Starts More Than

question 62

Multiple Choice

A series of equal periodic payments that starts more than one period after the agreement is called:

• A) An annuity due.
• B) An ordinary annuity.
• C) A future annuity.
• D) A deferred annuity.

---

Definitions:

Long Term Goals

Objectives set to be achieved over an extended period, typically involving strategic planning for the future.

Time Limits

Restrictive periods within which a task must be started or completed, used to enhance efficiency and productivity.

Objective Thinking

A cognitive process that evaluates information and facts without letting personal feelings, biases, or prejudices influence the judgment.

Ethical Thinking

Ethical Thinking involves reflecting on moral principles and values to guide behavior and decisions in a manner considered right and good.