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Time lines can be constructed for annuities where the payments occur at either the beginning or...

Time lines can be constructed for annuities where the payments occur at either the beginning or the end of the periods.

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False

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Answer #1

True.

Time lines can be constructed for annuities where the payments occur at either the beginning or the end of the periods.

Annuity refers to an investment that provides a series of payments of equal size at equal intervals.Example of annuity is mortgage payment,pension payments etc.There are five major categories of annuity they are variable annuities ,fixed annuities ,fixed index annuities,deferred and immediate annuities.Time lines can be constructed for annuities where the payments occur at either the beginning or the end of the period.

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