You can distinguish between Perpetuities and Annuities? Explain reason ?
You can distinguish between Perpetuities and Annuities? Explain reason ?
distinguish between Perpetuities and Annuities
Re: distinguish between Perpetuities and Annuities
Annuity, may be defined as the a series of cash flows, usually of fixed amount, paid/received at regular intervals.
Perpetuity is never ending, it is indefinite.Annuity, may be defined as the a series of cash flows, usually of fixed amount, paid/received at regular intervals.
Perpetuity is never ending, it is indefinite.
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