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    Exam 4: The Time Value of Money
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    What Is the Term Used to Describe an Annuity with an Infinite
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What Is the Term Used to Describe an Annuity with an Infinite

Question 85

Question 85

Multiple Choice

What is the term used to describe an annuity with an infinite life?


A) perpetuity
B) infinity
C) infinity due
D) There is no special term for an infinite annuity.

Correct Answer:

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