Question

Which statement is true concerning annuities?

A) Fixed cash flow over time
B) Variable cash flow over time
C) Present value equals future value
D) No time value of money consideration

Answer 1

Annuities refer to a series of regular payments or cash flows over a specific period of time, and the statement that is true concerning annuities is that they have fixed cash flow over time.

Step-by-step explanation:

Annuities refer to a series of regular payments or cash flows over a specific period of time. In the context of annuities, the statement that is true is A) Fixed cash flow over time.