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Annuity. What is an annuity? An annuity is: (Select the best answer below.) A. a stream of equal payments that are received or paid

Annuity. What is an annuity? An annuity is: (Select the best answer below.) A. a stream of equal payments that are received or paid at a determined time interval. B. a lump-sum payment received at retirement. C. the sum of occasional contributions to a savings account. D. a lump-sum payment received at a specified point in time.

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