MINDTAP Oter 04 Time Value of Money e also called annuities with an extended, or unlimited, life. nderstanding of perpetuities, answer the following questions: owing are characteristics of a perpetuity? Check all that apply. urrent value of a perpetuity is based more on the discounted value of its nearer (in time) cash flows and less by the dis more distant (in the future) cash flows. alue of a perpetuity is equal to the sum of the present value of its expected future cash flows. alue of a perpetuity cannot be determined. Detuity is a stream of regularly timed, equal cash flows that continues forever. r wants to establish a scholarship in his father's name at a local university and has stipulated that you will administer it. A nd a $25,000 scholarship every year beginning one year from tomorrow, you'll want to set aside the money for the sch tomorrow's meeting with your grandfather and the bank's representative, you will need to deposit (rou ollar) so that you can fund the scholarship forever-assuming that the account will earn 5.50% per annum every year. representative just reported that he misquoted the available interest rate on the scholarship's account. Your account sh your required deposit should be revised to ere is relationship between the interest rate earned on the account and the present value of the perpetu T G H J De * 00 K Grade It Now Save 8 Continue ) 112 P Home End