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Standard XII
Accountancy
Non-Current Liabilities
Annuity payab...
Question
Annuity payable for a fixed number of intervals is called.
A
Contingent Annuity
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B
Deferred Annuity
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C
Perpetual Annuity
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D
Annuity certain
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Solution
The correct option is
D
Annuity certain
Annuity payable for a fixed number of intervals is called annuity certain.
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