Which One of the Following Is an Ordinary Annuity, but Not

question 90

Multiple Choice

Which one of the following is an ordinary annuity, but not a perpetuity?

• A)$75 paid at the beginning of each monthly period for 50 years
• B)$15 paid at the end of each monthly period for an infinite period of time
• C)$40 paid quarterly for 5 years, starting today
• D)$50 paid every year for ten years, starting today
• E)$25 paid weekly for 1 year, starting one week from today

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Definitions:

Nephrology

A branch of medicine that focuses on the diagnosis and treatment of diseases of the kidneys.

Musculoskeletal

Pertains to the combined system of muscles and bones in the body, supporting movement, stability, and physical strength.

Neurological

Pertaining to the nervous system, including the brain, spinal cord, and nerves throughout the body.

Plural

Refers to the form of a word that is used to denote more than one person, thing, idea, etc.