Question: The difference between an annuity and a perpetuity is the: a. Range of applicable discount rates. b. Growth of the cash flows over time. O

 The difference between an annuity and a perpetuity is the: a.

The difference between an annuity and a perpetuity is the: a. Range of applicable discount rates. b. Growth of the cash flows over time. O c. Number of time periods. O d. Fluctuating value of the cash flows. e. Infrequency of the cash flows

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