Which One of the Following Is an Annuity but NOT

question 29

Multiple Choice

Which one of the following is an annuity but NOT a perpetuity?

• A)$300 every two to three weeks for one year
• B)a monthly payment of $425 forever
• C)payments on the first day of each month in varying amounts for ten months
• D)$600 on the last day of each month for two years
• E)$400 on the first day of the second,fifth,seventh,and tenth months of each year

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Definitions:

Appetite Change

A noticeable alteration in the desire to eat, which can include both an increase or decrease in hunger levels.

Isotretinoin

A medication primarily used to treat severe acne, known for its potential to cause serious side effects and hence, subject to strict prescription guidelines.

Acne

A skin condition characterized by the presence of pimples, blackheads, and possibly cysts, often occurring on the face, neck, chest, back, and shoulders.

Antibacterial Soap

Soap formulated with chemical agents intended to kill or inhibit the growth of bacteria on the skin.