NoahJerowski6296 NoahJerowski6296
  • 04-03-2020
  • Business
contestada

An annuity with an infinite life is called​ a(n) ________. A. perpetuity B. deep discount C. primia D. option

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BenitoMarin BenitoMarin
  • 05-03-2020

Answer:

The correct answer is letter "A": perpetuity.

Explanation:

Annuities are regularly-provided income hired through insurance. Those payments can be provided within a short or long period of time until an undetermined date. That is the reason why annuities are also called perpetuities. Annuities are taxed at regular income tax rates.

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