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The normal type of cash flows most frequently used in business is __(1)___ because __(2)____. (1) ordinary annuities; (2) TVM relates better to annuities (1)

The normal type of cash flows most frequently used in business is __(1)___ because __(2)____.

(1) ordinary annuities; (2) TVM relates better to annuities

(1) multiple uneven; (2) business cash flows change over time

(1) perpetuities; (2) a business is ongoing for an indefinite period of time

(1) future value ordinary annuities; (2) businesses grow out into the future

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