Annuity vs Perpetuity

AFM Financial Mathematics - Calculation of Interest and Annuities Free JAIIB Capsule 24 views Updated
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AFM · Financial Mathematics - Calculation of Interest and Annuities
While an annuity has a fixed end date, some financial instruments never mature. What is the term for an annuity that continues forever?
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While an annuity has a fixed end date, some financial instruments never mature. What is the term for an annuity that continues forever?

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This capsule covers Accounting & Financial Management for Bankers, Financial Mathematics - Calculation of Interest and Annuities. Members get the complete explanation plus every other premium capsule, mock test and PDF.

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