A series of equal cash flows at fixed intervals is termed a (n)

Name: A series of equal cash flows at fixed intervals is termed a (n)
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An annuity is a series of equal cash flows that occur at fixed intervals. Therefore, option D is the correct choice. Option A (present value index) is not related to a series of equal cash flows, option B (price-level index) does not involve cash flows, and option C (net cash flow) does not necessarily involve equal cash flows.

A Series of Equal Cash Flows at Fixed Intervals Is