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The Arrow impossibility theorem shows that
Periodic Payment
A repeated payment made at regular intervals, such as monthly or annually.
Ordinary Annuity
An annuity in which payments are made at the end of each period, such as yearly, monthly, or quarterly.
Periodic Payment
Payments made regularly (such as weekly, monthly, or annually) towards loans, mortgages, or annuities.
Ordinary Annuity
Consistently equal monetary transfers at each term's end within a finite interval.
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