Which of the Following Statements Is CORRECT

question 113

Multiple Choice

Which of the following statements is CORRECT?

• A) time lines cannot be constructed where some of the payments constitute an annuity but others are unequal and thus are not part of the annuity.
• 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 can be constructed to deal with situations where some of the cash flows occur annually but others occur quarterly.
• E) time lines can only be constructed for annuities where the payments occur at the end of the periods, i.e., for ordinary annuities.

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Definitions:

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A state located in the northeastern part of the United States, known for its historical significance and diverse geography.