Question: How does a perpetuity differ from an ordinary annuity? A perpetuity is another name for an annuity due. A perpetuity has only a limited numbers
How does a perpetuity differ from an ordinary annuity?
A perpetuity is another name for an annuity due.
A perpetuity has only a limited numbers of cash flows, while an ordinary annuity has payments that continue forever.
A perpetuity is another name for an ordinary annuity.
A perpetuity has payments that go on forever, while an ordinary annuity has a limited number of cash flows.
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