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    Exam 2: Time Value of Money
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    A Stream of Equal Payments That Occurs at the End
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A Stream of Equal Payments That Occurs at the End

Question 17

Question 17

Multiple Choice

A stream of equal payments that occurs at the end of a period is called


A) An ordinary annuity
B) Compounding
C) An annuity due
D) An end annuity

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