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Doctors Medicines MCQs Q&A

  1. Equal cash flows at equal time intervals forever
  2. Equal cash flows at equal time intervals for a specific time period
  3. Lumpy cash flows at equal time intervals forever
  4. Lumpy cash flows at equal time intervals for a specific time period
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1 Answers

Answer: Option 2

An ordinary annuity is a series of equal payments made at the end of each period for a fixed period of time.

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