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What is the compounding term used to describe a SERIES of deposit behaviors when investing?   ...

What is the compounding term used to describe a SERIES of deposit behaviors when investing?

  

lump sum

   

annuity

   

variable

   

fixed

business   economics   
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Answer #1

Annuity is used to describe a series of sum paid when investing, this is generally for the whole life time and paid every year. The answer is "B".

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