Which of the following it not an annuity?
A) Equal monthly payments to your investment account
B) Lottery winnings of $100 per month for life
C) Mortgage payments for a fixed-rate loan
D) Monthly utility bills
Answer: D
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When existing corporations issue stock, costs such as legal fees and underwriter's fees are usually accounted for as
A) organization expenses. B) reduction of Additional Paid-in Capital. C) organizational costs. D) reduction of Retained Earnings.
Depreciation in accounting records the decrease in value of an asset.
Answer the following statement true (T) or false (F)
According to the wheel of retailing, a retailer is vulnerable when _____
a. consumers do not accept the retailer's old image b. its upgraded strategy gives new institutions a significant cost advantage c. its strategy is no longer considered unique d. sales and profits exhibit rapid growth
As the work environment has become more technological, the demand for interpersonal skills has decreased
Indicate whether the statement is true or false.