Solved

What Is a Lump Sum

Question 22

Multiple Choice

What is a lump sum?


A) A single,one-time payment
B) All of your money is put together in a pile
C) A series of equal payments that are made at equal intervals over time
D) The value of an amount based on the interest rate

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions