Question

An annuity which is payable for ever is called
(A) Annuity perpetual
(B) Annuity certain
(CY Annuity contingent
(D) None of the above
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Answer 1

Hey Mate!!

option (a) Annuity perpetual is the correct answer..

Reason : Perpetuity or perpetual annuity : It is that type of annuity which is payable all the time . E.g., if a person has taken life insurance policy, then if he pays its premium up to his life, these these annuities will be called perpetuity or perpetual annuity.

Hope this helps you!!

Answer 2

Answer:

ANNUITY PERPETUAL

Step-by-step explanation:

It is that type of annuity which is payable all the time

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