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  • IRDA - Life Insurance Agent (Mock - 1)
  • ___________ is an annuity with an infinite life and conti...
Multiple choice

___________ is an annuity with an infinite life and continuous annual payments.

  1. APR

  2. Amortized loan

  3. Perpetuity

  4. Principal

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

As the name suggests, perpetuity is a bond or security with no fixed maturity date.

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