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:

Children

Young human beings who are in the early stages of their life, generally considered to be under the age of adolescence.

Empathetic Responses

Reactions that demonstrate understanding and sharing of another person's feelings or emotions.

Moment-by-moment Experiencing

Paying attention to and processing experiences as they happen in real-time.

Discreetly Interrogate

To gently question or seek information from someone in a manner that is respectful, considerate, and maintains confidentiality.