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Define Each of the Three Basic Interview Sequences and Describe

question 71

Essay

Define each of the three basic interview sequences and describe the reason for using each sequence.


Definitions:

Perpetuity

A financial instrument that provides a stream of infinite cash flows or payments that continue indefinitely.

Annual Percentage Rate (APR)

The interest rate charged per period multiplied by the number of periods per year.

Annuity Due

An annuity for which the cash flows occur at the beginning of the period.

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