An ordinary annuity is a series of $\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_$

Multiple Choice

increasing payments paid for a definitive period of time.

increasing payments paid forever.

equal payments paid at the end of regular intervals over a stated time period.

equal payments paid at the beginning of regular intervals for a limited time period.

equal payments that occur at set intervals for an unlimited period of time.