Sovi.AI - AI Math Tutor

Scan to solve math questions

QUESTION IMAGE

21 multiple choice 1 point the ability to easily convert your financial…

Question

21 multiple choice 1 point the ability to easily convert your financial resources into cash. inflation compounding liquidity present value 22 multiple choice 1 point a series of equal deposits is serial deposits an annuity time deposits annual deposits

Explanation:

Brief Explanations
  1. Liquidity refers to the ease with which an asset can be converted into cash without significant loss in value. So the answer to the first - question is related to liquidity.
  2. An annuity is a series of equal payments or deposits made at regular intervals. So the answer to the second - question is an annuity.

Answer:

  1. C. liquidity
  2. B. an annuity