Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

39. A flow of unending and equal payments that occur at regular intervals of time is called a(n): annuity due. indemnity. perpetuity. amortized cash flow

39. A flow of unending and equal payments that occur at regular intervals of time is called a(n):

annuity due.

indemnity.

perpetuity.

amortized cash flow stream.

amortization table.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Audit Process Principles Practice And Cases

Authors: Iain Gray, Stuart Manson,

4th ISA Edition

1844806782, 9781844806782

More Books

Students also viewed these Accounting questions

Question

Define Management by exception

Answered: 1 week ago

Question

Explain the importance of staffing in business organisations

Answered: 1 week ago

Question

What are the types of forms of communication ?

Answered: 1 week ago