A series of equal periodic finite cash flows that occur at the beginning of the period are known as a/an ________

A) ordinary annuity
B) annuity due
C) perpetuity
D) amortization

Answer: B

Business

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Shasta Company is trying to decide whether to continue to manufacture a particular component or to buy the component from an outside supplier. Which of the following is irrelevant with respect to this decision?

A) the quality of the component purchased from the outside supplier B) the outside supplier's ability to deliver the component on a timely basis C) the alternative uses of the facilities currently being used to manufacture the component D) the unavoidable fixed manufacturing costs associated with the manufacture of the component

Business

Nielsen's volume-tracking data service is called InfoScan

Indicate whether the statement is true or false

Business