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Options
- A
A stream of equal cash outflows based on funds availability
- B
A stream of variable cash inflows at predefined intervals
- C
A stream of fixed or variable cash inflows at predefined intervals
-
A stream of fixed cash inflows at predefined intervals
Correct answer
Why this is the answer
An annuity generally involves receiving fixed payments at regular intervals, such as monthly or yearly, over a specified period.
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