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Home Q & A Board Other Fields Homework Help Business Management
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stranahan stranahan
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7 years ago
A trend among universities is to guarantee tuition to incoming freshmen for a four-year period. Further, the annual amount due is collected in equal payments collected every three months. Although the payments are equal as well as equally spaced, this is NOT an example of an annuity because the payments are made every three months rather than on a monthly or annual basis.
A) True
B) False
Textbook 
Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
Author:
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torchunicycletorchunicycle
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7 years ago
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stranahan Author
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#2
7 years ago
Thank you for  the help. I had a few questions on a few of them and this really confirmed my answers.
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