Question: An ordinary annuity is best defined by which one? A Increasing payments paid for a definitive period of time. B Equal payments paid at the

An ordinary annuity is best defined by which one?

A Increasing payments paid for a definitive period of time.

B Equal payments paid at the end of regular intervals over a stated time period.

C Equal payments paid at the beginning of regular intervals for a limited time period.

D Equal payments that occur at set intervals for an unlimited period of time.

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