• 2022-06-06
    Which of the following statements is false?
    A: The difference between an annuity and perpetuity is that an annuity ends after some fixed number of payments.
    B: Most car loans, mortgages, and some bonds are annuities.
    C: A growing perpetuity is a cash flow stream that occurs at regular intervals and grows at a constant rate forever.
    D: An annuity is a stream of N equal cash flow paid at irregular intervals.