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There are two categories of cash flows: Single cash flows, referred to as lump sums, and annultles. Based on your understanding of annuities, answer the

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There are two categories of cash flows: Single cash flows, referred to as "lump sums," and annultles. Based on your understanding of annuities, answer the following questions. Which of the following statements about annuities are true? Check all that apply. A perpetuity is a constant, infinite stream of equal cash flows that can be thought of as an infinite annuity Ordinary annuities make fixed payments at the end of each period for a certain time period. An annuity due is an annuity that makes a payment at the end of each period for a certain time period. An annuity due earns more interest than an ordinary annuity of equal time

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