Which one of the following can be classified as an annuity


Which one of the following can be classified as an annuity but not as a perpetuity?

A. Increasing monthly payment forever

B. Increasing quarterly payments for 6 years

C. Unequal payments each year for 9 years

D. Equal annual payments for life

E. Equal weekly payments forever

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Financial Management: Which one of the following can be classified as an annuity
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