Target Exam

CUET

Subject

-- Applied Mathematics - Section B2

Chapter

Financial Mathematics

Question:

The term of the perpetuity is

Options:

Infinite

finite

between 0 to 100

we can't say about term.

Correct Answer:

Infinite

Explanation:

The correct answer is Option (1) → Infinite **

The term of a perpetuity is infinite because a perpetuity provides payments that continue forever.