Your 13-year old cousin comes to you again to ask more questions about the time value of money (TVM): "Hey cousin, I want to learn about annuities, growing annuities, perpetuities, and growing perpetuities. Can you please explain what they are? What are their differences? Also, I wonder how all these TVM techniques can be used in real life. How are these techniques applied in finance? Can you provide examples?"

Answer rating: 100% (QA)

Certainly Id be happy to explain annuities growing annuities perpetuities and growing perpetuities as well as their applications in finance 1 Annuitie... View the full answer