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    Exam 19: Compound Interest and the Concept of Present Value
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    A Series of Equal Cash Flows Is Called a (N)
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A Series of Equal Cash Flows Is Called a (N)

Question 11

Question 11

Multiple Choice

A series of equal cash flows is called a (n) :


A) ongoing cash flow.
B) payback.
C) accrual.
D) cash accumulation.
E) annuity.

Correct Answer:

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