Define annuity certain and perpetualty
Answers
Answered by
0
a fixed amount of money that is paid to somebody each year, usually for the rest of his/her life
Answered by
0
Hey friend
The annuity is for a fixed period, but Perpetuity is everlasting. In an annuity, the payment is made or received. Conversely, in perpetuity, only cash outflow is there. Future Value of annuity can be easily calculated which is not possible in case of Perpetuity.
Hope this helps you.
The annuity is for a fixed period, but Perpetuity is everlasting. In an annuity, the payment is made or received. Conversely, in perpetuity, only cash outflow is there. Future Value of annuity can be easily calculated which is not possible in case of Perpetuity.
Hope this helps you.
baggy:
mark as brainlest
TQ
please mark na
Similar questions