Which One of the Following Can Be Classified as an Annuity

question 95

Multiple Choice

Which one of the following can be classified as an annuity but not as a perpetuity?

• A)Increasing monthly payments forever
• B)Increasing quarterly payments for six years
• C)Unequal payments each year for nine years
• D)Equal annual payments for life
• E)Equal weekly payments forever

---

Definitions:

Performance Outcomes

The results or achievements attained as a result of an individual's or group's actions, efforts, or performance.

Specific Performance

A legal remedy in contracts law where a court orders the party who breached the contract to perform the specific act agreed upon in the contract.

Quarterly Sales

A measurement of a company's sales revenue generated in a three-month period.

Proximal

Near or close to a point of reference, often used in physical, temporal, or relational contexts.