Engineering Economics
What is the type of annuity where the first payment does not begin until some later date in the cash flow?

Ordinary annuity
Annuity due
Deferred annuity
Perpetuity

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Engineering Economics
Which is true about partnership?

Its capitalization must be equal for each partner.
It will be dissolved if one of the partners ceases to be connected with the partnership.
It can be handed down from one generation of partners to another.
It has a perpetual life.

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