A Stream of Equal Cash Payments Made at Equal Time

question 143

Multiple Choice

A stream of equal cash payments made at equal time intervals is called a(n) ________.

• A) present value
• B) annuity
• C) compound interest
• D) future value

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Definitions:

Underlying Attitude

The fundamental or basic views and feelings that indirectly shape an individual's reactions and behaviors.

Priming

A psychological effect in which exposure to a stimulus influences a response to a later stimulus.

Crucial Item

An element deemed extremely important or essential in a particular context or situation.

Congruent

In agreement or harmony; matching or fitting together well.