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explain whether the following statement is true or false. RM100 year for 10 years is an annuity, but RM100 in year1, RM200 in year 2,and RM400 in...

explain whether the following statement is true or false. RM100  year for 10 years is an annuity, but RM100 in year1, RM200 in year 2,and RM400 in year 3 through 10 does not constitute an annuity. However, the second series contains an annuity.

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