Question

What is the term for the compounding or discounting of a stream of even payments over...

What is the term for the compounding or discounting of a stream of even payments over a specific period of time?

a) Amoritzation

b) Depreciation

c) Annuity

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Answer #1

Answer- Option c is correct I e. Annuity

Annuity means series of payments over a fixed period of time.

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