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A prize, that is paid five annual equal instalments of $1,000 with the first payment starting today, is considered as: Select one: a. Annuity due

A prize, that is paid five annual equal instalments of $1,000 with the first payment starting today, is considered as: Select one: a. Annuity due b. Ordinary annuity c. Deferred annuity d. Perpetuity

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