Examlex
Which of the following should not be considered cash by an accountant?
Interest Rate
The fee a lender imposes on a borrower for utilizing assets, denoted as a percentage of the principal amount.
Annuities
Financial products sold by financial institutions designed to accept and grow funds from an individual and then, upon annuitization, pay out a stream of payments to the individual at a later point in time, typically during retirement.
Cash Flows
The aggregate of cash inflows and outflows within a corporation, impacting its liquid assets.
Ordinary Annuity
A series of equal payments made at equal intervals over a period of time.
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