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Standard XII
Maths
Question

If the period payments start only after a certain specified period it is called.
  1. Contingent Annuity
  2. Deferred Annuity
  3. Annuity certain
  4. Perpetual Annuity

A
Perpetual Annuity
B
Contingent Annuity
C
Deferred Annuity
D
Annuity certain
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Solution
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If the period payments start only after a certain specified period it is called deferred annuity.

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