The term of the perpetuity is
Answer & explanation
Correct answer: option 1
The correct answer is Option (1) → Infinite **
The term of a perpetuity is infinite because a perpetuity provides payments that continue forever.
The term of the perpetuity is
Correct answer: option 1
The correct answer is Option (1) → Infinite **
The term of a perpetuity is infinite because a perpetuity provides payments that continue forever.