An annuity Question 6 options:
is a debt instrument that pays no interest.
is a stream of payments that varies with current market interest.
is a level stream of equal payments through time.
has no value.
None of the above.

The correct answer is letter "C": is a level stream of equal payments through time.

Explanation:

Annuities are payments made at equal intervals that could be annual, quarterly, monthly, biweekly or daily. Annuities are defined as periodic and equal payments. There are five (5) types of annuities: fixed annuities, variable annuities, fixed-indexed annuities, immediate annuities, and deferred annuities.

im just here for points

Explanation: