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1. The payment by installment are done periodically, and in equal amounts. This payment scheme is called A. Ordinary annuity C. annuity B. annuity due D. general annuity

1. The payment by installment are done periodically, and in equal amounts. This payment scheme is called A. Ordinary annuity C. annuity B. annuity due D. general annuity
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1. The payment by installment are done periodically, and in equal amounts. This

payment scheme is called
A. Ordinary annuity C. annuity
B. annuity due
D. general annuity

User Phoet
by
8.1k points

1 Answer

1 vote
I think the answer is B because Annuity is a fixed sum of money paid each year
User Fuzzysearch
by
8.6k points
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