Which of the Following MOST Accurately Describes the Term Annuity

question 133

Multiple Choice

Which of the following MOST accurately describes the term annuity?

• A) An investment which grows in value over time
• B) An installment loan with amortizing principal payments
• C) A stream of equal installments of cash payments
• D) A term life insurance policy

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Definitions:

Report Layout View

A view mode in database applications that allows users to design and modify the layout of reports without affecting the data.

Control

In software development and user interface design, a control is a graphical component used to display information or receive user input.

Column

A vertical division in a table or spreadsheet that categorizes information under a specific heading.

Record

An individual entry in a database or dataset, representing a set of related data fields.