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16 February, 08:24

Perpetuities have:

a) Irregular payments but constant payment periods.

b) Equal payments and an infinite life.

c) Equal payments and a set number of equal payment periods.

d) Less value than comparable annuities.

e) No application in today's world.

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Answers (1)
  1. 16 February, 12:22
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    b) Equal payments and an infinite life

    Explanation:

    A perpetuity is an annuity that has no end, or a stream of cash payments that continues forever.
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