Annuity, where the payments start after specified no. of periods, is known as

Immediate Annuity

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Deferred annuity

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Contingent annuity

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Perpetual annuity

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Solution

The correct option is D Deferred annuity
An annuity which begins payments only after a period is a deferred annuity
Annuity, where the payments start after specified no. of periods, is known as Deferred annuity.

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Annuity, where the payments start after specified no. of periods, is known as

The correct option is D Deferred annuityAn annuity which begins payments only after a period is a deferred annuity Annuity, where the payments start after specified no. of periods, is known as Deferred annuity.

The correct option is D Deferred annuity
An annuity which begins payments only after a period is a deferred annuity
Annuity, where the payments start after specified no. of periods, is known as Deferred annuity.