A Firm Makes Investments of $2,000 This Year, $4,000 Next

Multiple Choice

A firm makes investments of $2,000 this year, $4,000 next year, and $2,500 the following year. This form of payment represents a(n) _____.

A) ordinary annuity
B) annuity due
C) uneven cash flow stream
D) lump-sum payment
E) compounded cash flow