Which of the following refers to a series of equal future cash flows?

Question

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An annuity refers to a series of equal future cash flows. The other options do not refer to a series of equal future cash flows. Overhead refers to the ongoing expenses of running a business. Future earning refers to expected income in the future. The discount factor is a mathematical term used in finance to calculate the present value of future cash flows. Insurance refers to the protection against the risk of financial loss.

Which of the Following Refers to a Series of Equal