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Non-Current Liabilities

An annuity wh...

Question

An annuity which continues forever(infinite number of years) is called.

A

Contingent Annuity

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B

Deferred Annuity

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C

Perpetual Annuity

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D

Annuity certain

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Solution

The correct option is C Perpetual Annuity
Perpetual annuity is an annuity which continues forever i.e. infinite number of year.

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