An annuity stream of cash flow payments is a set of level cash flows occurring each time period for a fixed length of time.

Name: An annuity stream of cash flow payments is a set of level cash flows occurring each time period for a fixed length of time.
Brand: Quizplus
Rating: 4.7 (53 reviews)

Question

Quizplus · Accepted Answer

An annuity is indeed a series of equal cash flows distributed at regular intervals over a specified period of time, which fits the description given.

An Annuity Stream of Cash Flow Payments Is a Set