Which of the Following Is NOT an Example of Annuity

question 86

Multiple Choice

Which of the following is NOT an example of annuity cash flows?

• A)The university tuition bill you pay every month that is always the same
• B)The grocery bill that changes every week
• C)The $3.50 you pay every morning for a bagel and coffee as you run to your first morning class
• D)All of the examples above are annuity cash flows.

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Definitions:

Legal Right

An entitlement or justified claim under the law that allows a person to perform or refrain from performing certain actions.

Never Budge Under Pressure

The attribute of remaining steadfast and unwavering in one's position or opinion, even in the face of challenge or stress.

Spontaneity

The condition of being spontaneous; impulsive actions or reactions not planned in advance.

Witty Retort

A quick and clever reply, often humorous, to a question or remark.