of the cash flows shown on a time line can be in the form of annuity payments but none can be uneven amounts.

Name: of the cash flows shown on a time line can be in the form of annuity payments but none can be uneven amounts.
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Question

Quizplus · Accepted Answer

It is possible for some or all of the cash flows to be uneven amounts. An annuity is a series of equal payments fixed at regular intervals, so all cash flows in an annuity must be equal in amount.

Of the Cash Flows Shown on a Time Line Can