Register
The term ________ is best described as "a stream of equal installments made at equal time intervals." A) time value of money B) capital budgeting C) annuity D) payback period
234k views
5 votes
The term ________ is best described as "a stream of equal installments made at equal time intervals."

A) time value of money
B) capital budgeting
C) annuity
D) payback period

User Gooberwonder
by
3.3k points

1 Answer

7 votes

Answer: C

Step-by-step explanation:

When an amount is paid in equal cash payments at equal time intervals then it is known as annuity payments. Annuity payments are usually payment usually made for a defined number of periods. Hence, it is a correct option.

User FeignMan
by
3.6k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

3.4m questions

4.3m answers

Other Questions

How can expansionary​ expenditure-based fiscal policy lead to crowding out in the​ economy? A. ​Expenditure-based fiscal policy increases the national​ debt, inducing​ forward-looking households and firms
Stevenson Company purchased equipment for $250,000 on January 1, 2010. The estimated salvage value is $50,000, and the estimated useful life is 5 years. The straight-line method is used for depreciation.
In order to attract younger customers to the Lacoste brand of clothing, CEO Robert Siegel made all of the major decisions in product planning, distribution, and promotion. He asked for no input from his
The method of appraisal in which the appraiser estimates the replacement cost of the building, deducts depreciation, and adds the value of the site is:________
The Yum and Yee food truck near the business school serves customers during lunch hour by taking orders and making fresh batches of stir-fry. Customers have only one choice during the lunch hour so that
Link Copied!