It is an annuity where the payment interval does not coincides with the interest conversion period.
a. annuity
b. simple annuity
c. general annuity d. annuity certain
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It is an annuity where the payment interval does not coincides with the interest conversion period.
a. annuity
b. simple annuity
c. general annuity d. annuity certain
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Answer:
The answer is
C. General annuity