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An Annuity Is a Series Of

Question 48

Multiple Choice

An annuity is a series of:


A) equal amounts paid or received over a specified number of unequal time periods.
B) unequal amounts paid or received over a specified number of equal time periods.
C) equal amounts paid or received over an unspecified number of equal time periods.
D) equal amounts paid or received over a specified number of equal time periods.

Correct Answer:

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