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Question
An annuity whose payments continue till the happening of an event, the date of which cannot be foretold is called.
An annuity whose payments continue till the happening of an event, the date of which cannot be foretold is called.
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Solution
The correct option is A Contingent Annuity
An annuity whose payments continue till the happening of an event, the date of which cannot be foretold is called contingent annuity.
An annuity whose payments continue till the happening of an event, the date of which cannot be foretold is called contingent annuity.
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