A Cash Flow That Only Occurs in Equal Amounts Each

question 53

Multiple Choice

A cash flow that only occurs in equal amounts each year is referred to as:

• A) a lump sum.
• B) a perpetuity.
• C) an annuity.
• D) None of these answers are correct.

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Definitions:

Somatic

Relating to or affecting the body, especially as distinguished from the mind or consciousness.

Parasympathetic

Pertaining to the part of the autonomic nervous system that conserves physical resources and slows down heart rate.

Axon

The part of the neuron that carries information away from the cell body toward other cells.

Neuron

A distinct type of cell responsible for conveying nerve signals; commonly known as a neuron.