A stream of equal cash flows received at set time intervals is called a an

Name: A stream of equal cash flows received at set time intervals is called a an
Brand: Quizplus
Rating: 4.8 (57 reviews)

Question

Quizplus · Accepted Answer

A stream of equal cash flows received at set time intervals is called an annuity. An annuity can be either an ordinary annuity, where the cash flows are received at the end of the period, or an annuity due, where the cash flows are received at the beginning of the period.

A Stream of Equal Cash Flows Received at Set Time