A Series of Equal Periodic Payments in Which the First

question 54

Multiple Choice

A series of equal periodic payments in which the first payment is made one compounding period after the date of the contract is:

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

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Definitions:

Noninvasive Prenatal Diagnosis

A method or set of methods used to assess the risk of fetal genetic conditions without the need for procedures that penetrate the skin or enter the body.

Early Identification

The process of detecting and addressing developmental, educational, or health issues as early as possible in individuals, particularly children.

Down's Syndrome

A genetic disorder caused by the presence of an extra chromosome 21, characterized by physical growth delays and mild to moderate intellectual disability.

Sickle-cell Anemia

A genetic blood disorder characterized by red blood cells assuming an abnormal, rigid, sickle shape, leading to various health complications.