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bigexternal bigexternal
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7 years ago
An ordinary annuity may be defined as:
A) A series of equal payments made at regular intervals that are paid at the beginning of each period.
B) A series of payments, which may or may not be equal in value, that are received at regular intervals at the end of each period.   
C) A series of equal payments made any time over the course of a year, extending for a period of several years.   
D) Any series of payments that occur in the future.
E) A series of equal payments made at regular intervals that are received at the end of each period.
Textbook 
Corporate Finance Online

Corporate Finance Online


Edition: 1st
Authors:
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We're using: Corporate Finance Online (Eakins, McNally)
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BlimpBlimp
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7 years ago
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Pol. Sci. Major
Minoring in Business
Columbia University Sophomore

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bigexternal Author
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#2
7 years ago
I'm surprised how many intellects exist in this community, thank you
We're using: Corporate Finance Online (Eakins, McNally)
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