Question: QUESTION 7 Different from perpetuity, an annuity can be defined as a collection of equal cash flows occurring at equal intervals of time for a

QUESTION 7 Different from perpetuity, an annuity can be defined as a collection of equal cash flows occurring at equal intervals of time for a specified period. OA equal cash flows occurring at equal intervals of time forever. OB. C. unequal cash flows occurring at equal intervals of time forever D. unequal cash flows occurring at equal intervals of time for a specified period QUESTION 8 Suppose there is a financial instrument offering 12% annual retum and you invest $100 in this product for three years. Using compound interest, how much will you carn at the end of third year? A $136 B. $140.49 OC. $240.18 D. $173.18

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