Pick up the correct statement from the following: Options: A . &nbspAn annuity is a series of equal payments occurring at equal period of time B . &nbspAnnuity is called an equal payment or uniform payment series C . &nbspAn annuity may have periods of time of any length but should always be of equal length D . &nbspAll the above

Pick up the correct statement from the following:

Question

Pick up the correct statement from the following:

Options:

A . An annuity is a series of equal payments occurring at equal period of time

B . Annuity is called an equal payment or uniform payment series

C . An annuity may have periods of time of any length but should always be of equal length

D . All the above

Answer: Option D

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