An Annuity is: A B Varying cash flows continuing until a specific total value is reached. Level cash flow payments continuing forever. Equally spaced level cash flows over a finite number of periods. D The present value of a fixed number of varying cash flows.

An Annuity is: Varying cash flows continuing until a specific total value is reached. Level cash flow payments continuing forever. Equally spaced level cash flows over a finite number of periods. The present value of a fixed number of varying cash flows