Perpetuities are also caked annuities with an extended or unlimited life. Based on your understanding of perpetuities answer the following

C courses 14. Perpetuities Aa Aa Perpetuities are also called annuities with an extended, or unlimited, life. Based on your understanding of perpetuities, answer the following questions. Which of the following are characteristics of a perpetuity? Check all that apply. A perpetuity continues for a fixed time period. The principal amount of a perpetuity is repaid as a lump-sum amount. In a perpetuity, returns-in the form of a series of identical cash flows-are earned. A perpetuity is a series of regularly timed, equal cash flows that is assumed to continue indefinitely into the future Your grandfather wants to establish a scholarship in his father's name at a local university and has stipulated that y will administer it. As you've committed to fund a $25,000 scholarship every year beginning one year from tomorrow you'll want to set aside the money for the scholarship immediately. At tomorrow's meeting with your g the bank's representative, you will need to deposit (rounded to the nearest whole dollar) Session Timeout Type here to search