1. A(n)____________ is a series of payments (or receipts) of a fixed amount for a specified number of periods. 2. The ____________, or effective annual rate, is used to compare investments with...


1. A(n)____________ is a series of payments (or receipts) of a fixed amount for a specified number of periods.


2. The ____________, or effective annual rate, is used to compare investments with different________________________ on a common basis.


3. The present value of a mixed stream of payments (or receipts) is the_______________ of present values of____________ .



May 05, 2022
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