Which of the Following Phrases Is Not Descriptive of an Ordinary

question 140

Multiple Choice

Which of the following phrases is not descriptive of an ordinary annuity?

• A)Payments made at the beginning of equal periods of time
• B)Both present and future value can be calculated
• C)Compound interest assumed
• D)Series of equal payments

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Definitions:

Break The Link

An action to sever a connection or reference between two elements, often used in the context of hyperlinks or linked data sources.

Excel File

A file format used by Microsoft Excel, typically with extensions such as .xls or .xlsx, for organizing and managing data in spreadsheets.

Refresh The Data

An action in software applications that updates or reloads the displayed data to ensure it represents the most current information available.

Sidebar

A vertical bar on the side of a user interface, often containing additional information, navigation options, or tools related to the main content.