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The Jones brothers recently established a trust fund that will provide annual scholarships of $12000 indefinitely. These annual scholarships can best be described by which

The Jones brothers recently established a trust fund that will provide annual scholarships of $12000 indefinitely. These annual scholarships can best be described by which one of the following terms? a- Ordinary annuity b- Annuity due c- Amortized payment d- Perpetuity e- continuation

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