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Q) Which one of the following is an annuity but NOT a perpetuity? a. $600 on the last day of each month for two years
Q) Which one of the following is an annuity but NOT a perpetuity? a. $600 on the last day of each month for two years b. a monthly payment of $425 forever c. $300 every two to three weeks for one year d. $400 on the first day of the second, fifth, seventh, and tenth months of each year e. payments on the first day of each month in varying amounts for ten months
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