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State whether the following statement is True or False: An annuity where payments continue forever is called perpetuity - Mathematics and Statistics

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Question

State whether the following statement is True or False:

An annuity where payments continue forever is called perpetuity

Options

  • True

  • False

MCQ
True or False

Solution

True

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Annuity
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Chapter 2.2: Insurance and Annuity - Q.2

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