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    Exam 9: Time Value of Money
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    A(n) __________ Is a Series of Equal Payments (Or Receipts)
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A(n) __________ Is a Series of Equal Payments (Or Receipts)

Question 91

Question 91

Multiple Choice

A(n) __________ is a series of equal payments (or receipts) that occur over a number of time periods.


A) ordinary annuity
B) loan amortization
C) annuity
D) annuity due

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