Sequence of periodic payments/ receipts regularly over a period of time is called

CA Foundation · Quantitative Aptitude · MTP · April 2025
Sequence of periodic payments/ receipts regularly over a period of time is called
(A) A. Perpetuity
(B) B. Annuity.
(C) C. Annuity regular.
(D) D. Annuity due.

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. Annuity.

Topics: Part-A: Business Mathematics

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