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    A Constant Amount Payable at the End of Each Year
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A Constant Amount Payable at the End of Each Year

Question 49

Question 49

Multiple Choice

A constant amount payable at the end of each year for a specified number of years is:


A) a present value.
B) a future value.
C) a discounted value.
D) an annuity.
E) a net present value.

Correct Answer:

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