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Which of the following statements is CORRECT? If some cash flows occur at the beginning of the periods while others occur at the ends, then

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Which of the following statements is CORRECT? If some cash flows occur at the beginning of the periods while others occur at the ends, then we have what the textbook defines as a a satiable ammunity The cash flows for an annuity may vary from period to period, but they must occur at regular intervals, such as once a year or once a b. month oc The cash flows for an armuity due must all occur at the beginning of the perioda. The cash flows for an orduary (or deferred) annuity all occur at the beginning of the periods. If a series of unequal cash flows occurs at regula intervals, such as once a year, then the series is by definition an annuity Od O Question 1 of 20

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