Which statements best describes an ordinary annuity

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problem 1: Which one of the following statements best describes an ordinary annuity?

Group of answer choices

A. Series of cash inflows of varying amounts collected at the end of each period.

B. Series of cash flows of equal amounts collected at the beginning of each period.

C. Series of cash flows of varying amounts collected at the beginning of each period.

D. Series of cash flows of equal amounts collected at the end of each period.

Reference no: EM132804440

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