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Business Studies

Call Money and T- Bill

If the period...

Question

If the periodic payments are all equal, the annuity is called level of.

A

Deferred Annuity

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B

Uniform Annuity

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C

Forborne Annuity

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D

Immediate Annuity

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Solution

The correct option is B Uniform Annuity
If the periodic payments are all equal, the annuity is called level of uniform annuity.

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