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A Perpetuity Is Defined As

Question 3

Multiple Choice

A perpetuity is defined as: 


A) a limited number of equal payments paid in even time increments.
B) payments of equal amounts that are paid irregularly but indefinitely. 
C) varying amounts that are paid at even intervals forever. 
D) unending equal payments paid at equal time intervals. 
E) unending equal payments paid at either equal or unequal time intervals. 

Correct Answer:

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