An Annuity

Multiple Choice

An annuity

A) has greater value than a comparable perpetuity.
B) is either an equal or an unequal stream of payments that occur in equal time periods for a finite period of time.
C) is a stream of payments that fluctuate with current market interest rates.
D) is a stream of equal payments that occur in equal periods of time for a finite period.
E) has a longer life span than a perpetuity.