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Which of the Following Statements Regarding Annuities Is FALSE

Question 49

Multiple Choice

Which of the following statements regarding annuities is FALSE?

A) PV of an annuity = C × Which of the following statements regarding annuities is FALSE? A) PV of an annuity = C × B) The difference between an annuity and a perpetuity is that a perpetuity ends after some fixed number of payments. C) An annuity is a stream of N equal cash flows paid at regular intervals. D) Most car loans,mortgages,and some bonds are annuities.
Which of the following statements regarding annuities is FALSE? A) PV of an annuity = C × B) The difference between an annuity and a perpetuity is that a perpetuity ends after some fixed number of payments. C) An annuity is a stream of N equal cash flows paid at regular intervals. D) Most car loans,mortgages,and some bonds are annuities.
B) The difference between an annuity and a perpetuity is that a perpetuity ends after some fixed number of payments.
C) An annuity is a stream of N equal cash flows paid at regular intervals.
D) Most car loans,mortgages,and some bonds are annuities.