Phil Clark is considering purchasing a rental property. If he does make the purchase, he expects to be able to rent the property out and begin collecting rent after one month's time. Mr$.$ Clark$$s plan would be to own the property for $20$ years, renting it for the same amount every month while owning the property. After $20$ years, Mr$.$ Clark plans to donate the property to charity.

Which of the following terms best describes Mr$.$ Clark$$s potential stream of cash flows?

Group of answer choices

Perpetuity

Annuity

Annuity due

Growing perpetuity