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This question belongs to Commerce Insurance

Insurance

?

An annuity with infinite life with continuous payments of annuities by the insurer is

A) Amortised plan of loan B) Annuity in perpetuity C) APR D) Principal

Answer & Solution

Correct Answer: Option B

An annuity with infinite life with continuous payments of annuities by the insurer is annuity in perpetuity.

Question posted by Examveda

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