Asked by
Tracey Maddix
on Dec 02, 2024
Verified
A perpetuity is a stream of:
A) regular payments that go on forever.
B) irregular payments for a period of time.
C) payments for their present value.
D) payments tomorrow.
Perpetuity
A type of annuity that pays an infinite series of equal payments, with no end.
Regular Payments
Periodic payments made consistently over time, such as monthly mortgage or loan repayments, or dividend payouts to shareholders.
- Acquaint yourself with the specific terminologies and features pertaining to annuities, perpetuities, and amortized loans.
Verified Answer
GC
Learning Objectives
- Acquaint yourself with the specific terminologies and features pertaining to annuities, perpetuities, and amortized loans.