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Figure 19-1
-According to Figure 19-1 above,the source of information most used by college students in 2009 was
Annuities
are financial products that provide a stream of payments over time, often used as part of retirement planning.
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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