This document discusses three types of annuities: annuity immediate, annuity due, and perpetuity. Annuity immediate involves payments starting at time 1, annuity due starts payments at time 0, and perpetuity provides payments from either time 0 or 1 that continue indefinitely.
This document discusses three types of annuities: annuity immediate, annuity due, and perpetuity. Annuity immediate involves payments starting at time 1, annuity due starts payments at time 0, and perpetuity provides payments from either time 0 or 1 that continue indefinitely.
This document discusses three types of annuities: annuity immediate, annuity due, and perpetuity. Annuity immediate involves payments starting at time 1, annuity due starts payments at time 0, and perpetuity provides payments from either time 0 or 1 that continue indefinitely.