Question: $ 8 , 9 0 0 $ 7 , 4 5 0 Question 2 5 . 5 5 pts The payment or receipt of a

$8,900
$7,450
Question 2
5.55 pts
The payment or receipt of a series of equal cash flows per period, at the end of each period, for a specified amount of time is called a(n):
simple interest
perpetuity
annuity due
ordinary annuity
$ 8 , 9 0 0 $ 7 , 4 5 0 Question 2 5 . 5 5 pts

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