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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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