Which of the following most accurately describes an annuity?

A. an investment which produces increasing cash flows over time
B. a series of unequal cash payments made at equal time intervals
C. a term that does not apply to mortgage payable or bond payable
D. a stream of equal cash payments made at equal time intervals


Ans: D. a stream of equal cash payments made at equal time intervals

Business

You might also like to view...

________ pricing allows buyers of a product to select the performance configurations that best fit their needs and price budgets

A) Customerization value B) Performance-based C) Perceived-value D) Life-cycle value E) Value-in-use

Business

A formal log-on procedure is the operating system's last line of defense against unauthorized access

Indicate whether the statement is true or false

Business

Directly referencing cells in a pivot table works fine as long as you know that the pivot table will never be changed. But that is an unrealistic expectation in many cases. Therefore, we need a way to consistently refer to data in the pivot table even if it is changed. Excel provides the ___________ function for exactly this purpose.

a) PIVOT_TABLE b) GETPIVOTDATA c) AVERAGEIF d) DATA_FIELD e) GETPIVOTABLE

Business

Which sentence is correct?

A) ?As Americans listened to the congressional hearing on terrorism, they considered its impact on U.S. foreign relations. B) ?The finance department requested travel receipts from you and I before processing our expense vouchers. C) I hope that your prepared to participate on the budget planning team and it's many related subcommittees.

Business