Which of the Following Statements Is CORRECT

question 141

Multiple Choice

Which of the following statements is CORRECT?

• A) some of the cash flows shown on a time line can be in the form of annuity payments, but none can be uneven amounts.
• B) a time line is not meaningful unless all cash flows occur annually.
• C) time lines are not useful for visualizing complex problems prior to doing actual calculations.
• D) time lines cannot be constructed in situations where some of the cash flows occur annually but others occur quarterly.
• E) time lines can be constructed for annuities where the payments occur at either the beginning or the end of the periods.

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Definitions:

Round

To approximate a number to a specified degree of significance, often to the nearest whole number.

Whole Number

A number without fractions or decimals; an integer.

Equivalent Fractions

Fractions that represent the same value or proportion, even though they have different numerators and denominators.

Chewable Tylenol

A form of Tylenol (acetaminophen) that can be chewed before swallowing, designed for those who have difficulty swallowing pills.