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

---

Definitions:

SQI Instruction

An instruction in some programming languages or PLCs used to perform a sequential input operation or process.

SQO Instruction

A sequencer output instruction used in PLC programming to output a sequence of bits or words to control devices.

Sequencer Input

An input to a system that determines the sequence in which operations or events are to occur, often used in automated or programmed processes.