What is a series of equal payments for an infinite period of time called?
A)A level perpetuity
B)A growing perpetuity
C)An ordinary annuity
D)An annuity due

Name: What is a series of equal payments for an infinite period of time called? A)A level perpetuity B)A growing perpetuity C)An ordinary annuity D)An annuity due
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Quizplus · Accepted Answer

A level perpetuity involves a series of equal payments that continue indefinitely, making it perpetual. The payments remain the same over time, and there is no specified end date.

What Is a Series of Equal Payments for an Infinite