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Which of the following formulas is incorrect?
Balance Sheet
A financial report indicating the assets, liabilities, and shareholders' equity of a company at a certain moment, which serves as a foundation for calculating returns and assessing its financial health.
Present Value
The current worth of a future sum of money or stream of cash flows, given a specified rate of return.
Annuity
A financial product that pays out a fixed stream of payments to an individual, typically used as part of a retirement strategy.
Consecutive Payments
Regular payments made in a sequence, without interruption, over a specified period.
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