Standard Level
7.05 Annuities
Interactive practice questions
Which of the following best describes an annuity?
An investment in which an investor only makes regular withdrawals of a fixed amount.
A
An investment in which an investor makes regular deposits or withdrawals. The amount of each deposit or withdrawal can vary.
B
An investment in which an investor makes regular deposits or withdrawals of a fixed amount.
C
An investment in which an investor makes regular deposits only. The amount of each deposit can vary.
D
Easy
< 1min
Complete the following sentences relating to annuities.
Easy
< 1min
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