A Perpetuity Is a Series of Payments That

question 29

Multiple Choice

A perpetuity is a series of payments that:

• A) Are equal in amount and occur over a set period of time.
• B) Vary in amount but occur forever.
• C) Vary in amount and occur over a set period of time.
• D) Are unequal in amount and occur over a set period of time.
• E) Are equal in amount and continue forever.

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