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This is a question from my finance class. Please give answer in your own words. If you cite please leave a reference no less than 150 words.
What is the difference between annuity and perpetuity? Please give an example?
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Class Discussion 1
What is the difference between annuity and perpetuity? Please give an example?
The difference between annuity and perpetuity is the ending period. Annuity usually
have payments which last for a given period of time while on the other hand
perpetuity usually lasts indef...
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