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By definition an ordinary annuity is: A. increasing payments paid for a definitive period of time B. increasing payments paid forever C. equal payments paid

By definition an ordinary annuity is:

A.

increasing payments paid for a definitive period of time

B.

increasing payments paid forever

C.

equal payments paid at regular intervals over a stated time period

D.

equal payments paid at regular intervals of time on an ongoing basis

E.

unequal payments that occur at set intervals for a limited period of time

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