1. A(n)____________________ is an annuity in which payments go on forever. 2. The_________________ is the annual deposit (or payment) of an amount that is necessary to accumulate a specified future...


1. A(n)____________________ is an annuity in which payments go on forever.


2. The_________________ is the annual deposit (or payment) of an amount that is necessary to accumulate a specified future sum.


3. If a loan is to be repaid in equal periodic amounts, it is said to be a(n)________________ .



May 05, 2022
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