A Cash Flow That Only Occurs in Equal Amounts Each

question 21

Multiple Choice

A cash flow that only occurs in equal amounts each year is referred to as:

• A) a lump sum.
• B) a perpetuity.
• C) an annuity.
• D) None of these.

---

Definitions:

Influencing Factors

Influencing factors are various elements or conditions that affect the outcome or development of a process, decision, or behavior.

Meritocracy

A societal system in which advancement and rewards are based on individual ability and achievement rather than on class privilege or wealth.

Wealth

The abundance of valuable resources or material possessions, or the control of such assets.

Prestige

The respect and admiration that an individual, role, or occupation holds in society, often based on perceived success or expertise.