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    Business Math Using Excel
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    Exam 12: Annuities, Stocks, and Bonds
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    An Ordinary Annuity Is an Annuity Having No Fixed Number
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An Ordinary Annuity Is an Annuity Having No Fixed Number

Question 33

Question 33

True/False

An ordinary annuity is an annuity having no fixed number of payments but depending on an uncertain event, such as life insurance payments ceasing at the death of the insured.

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