An Annuity for Which the Cash Flows Occur at the Beginning

question 34

Multiple Choice

An annuity for which the cash flows occur at the beginning of each time period is called a(n) :

• A)ordinary annuity
• B)beginning annuity
• C)annuity due
• D)perpetuity
• E)perpetuity due

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Definitions:

Accurate

Correct in all details; exact.

Variables

Elements or factors that can change and affect the outcomes of scientific research or experiments, including independent, dependent, and control variables.

Consistency of Behavior

The degree to which an individual's actions, reactions, and behaviors remain stable over time.

Research

Exploration of the unknown; finding out something that nobody knew before one discovered it.