Which of the following statement is not correct about different types of cash flow patterns?

Group of answer choices A single payment that occurs either today or at some date in the future is a lump sum payment.

Multiple payments of the same amount over equal time period is an annuity.

Annuity due is an multiple payment of the same amount that occurs at the end of the year.

A rent or lease agreement is an example of an annuity due.

Multiple payments of different amounts over a period of time is an uneven cash flows.