Which of the Following Statements Regarding Annuities Is FALSE

question 17

Multiple Choice

Which of the following statements regarding annuities is FALSE?

• A)The difference between an annuity and a perpetuity is that a perpetuity ends after some fixed number of payments.
• B)Most car loans, mortgages, and some bonds are annuities.
• C)PV of an annuity = C ×
• D)An annuity is a stream of N equal cash flows paid at regular intervals.

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Definitions:

Internal Attribution

The process of attributing the cause of an individual's behavior to internal characteristics or personality, rather than external factors.

Manager

An individual responsible for directing and overseeing the work of a group of people in an organization or department.

More Resources

Refers to increasing the availability of materials, finances, or human capital required to perform tasks or achieve goals.

Attributed Responsibility

The process of assigning accountability or blame to individuals or entities for actions or outcomes.