A $100 Annuity Means _____

A $100 annuity means _____

A) $100 is received in a single year.
B) $100 is received each year forever.
C) a person receives more than or less than $100, depending on the interest rate, for a certain number of years.
D) $100 is received each year for a certain number of years.
E) a person receives more than or less than $100, depending on the interest rate, until an upper limit is reached.