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Reported Question / Answer
Q.) An annuity is a series of equal payments occuring at equal time intervals, and this amount includes the sum of all payments plus interest, if allowed to accumulate at a definite rate of interest from the time of initial payment to the end of annuity
1)
depreciation by sinking fund metho
2)
manufacturing cost.
3)
cash ratio.
4)
discrete compound interest.
5)
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Answer :
1
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