An Annuity Stream Where the Payments Occur Forever Is Called

question 44

Multiple Choice

An annuity stream where the payments occur forever is called a(n) :

• A)annuity due.
• B)indemnity.
• C)perpetuity.
• D)amortized cash flow stream.
• E)amortization table.

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Definitions:

Continental Shelves

Submerged landforms at the edges of continents, extending from the coastline to a sharp drop-off into the deeper ocean floor.

Shallow Seawater

Areas of the ocean that are not deep, often found near coastlines, characterized by relatively low depths.

Sea Mounts

Undersea mountains formed by volcanic activity, rising from the ocean floor but not reaching the surface.

Island Arcs

Curved chains of volcanic islands located along convergent tectonic plate boundaries, typically with deep ocean trenches on the convex side.