Which one of the following can be classified as an annuity but not as a perpetuity?
Increasing monthly payments forever
Increasing quarterly payments for six years
Unequal payments each year for nine years
Equal annual payments for life
Equal weekly payments forever
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Home » Business » Which one of the following can be classified as an annuity but not as a perpetuity? Increasing monthly payments forever Increasing quarterly payments for six years Unequal payments each year for nine years Equal annual payments for life Equal weekly