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Perpetuities are also called annuities with an extended or unlimited life. Based on your understanding of perpetuities, answer the following questions. Which of the follawing

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Perpetuities are also called annuities with an extended or unlimited life. Based on your understanding of perpetuities, answer the following questions. Which of the follawing are characteristics of a perpetuity? Check all that apply. A perpetulty continues for a fixed time period. In a perpetuify, returns - in the form of a series of identical cash flows-are earned. The present value of a perpetuly is calculated by dividing the amount of the payment by the investor's opportunity interest rate. A perpetulty is a series of regularly timed, equal cash fiows that is assumed to continue indefinitely into the future. A local bank's advertising reads: "Give us $35,000 today, and well pay you $200 every year forever." if you plan to tive forever, what annual interest rate will you earn on your deposit? 6. 69% 0.914k 0.514 0,57% Oess When yeu went in to make your depost, the bank representative sald the amount of required depost reperted in the advertisement was lacorrect and should have read 552,500 . This revision, which will the interest rate earned on your deposited funds, aill adjust your carned interest rate to

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