Examlex
Which of the following are dimensions?
Ordinary Annuity
A series of equal payments made at the end of consecutive periods over a fixed length of time.
Compounded Quarterly
When an investment's interest is compounded quarterly, the interest is calculated and added to the principal four times a year.
Perpetuity
A financial instrument that provides a stream of infinite cash flows or payments.
Compounded Monthly
Interest calculated on the initial principal and also on the accumulated interest of previous periods, done monthly.
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