Scribd
Upload
58 views2 pages

Lesson 2 Notes

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.

Uploaded by

Harrison Richards
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
58 views2 pages

Lesson 2 Notes

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.

Uploaded by

Harrison Richards
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 2

FM Review Fall 2013

Lesson 2
Types of annuity: Annuity immediate Annuity due Perpetuity Annuity immediate: Payment starts from time 1. *

Annuity due: Payment starts from time 0.

FM Review Fall 2013

Perpetuity: Payment starts from time 0 or 1 and continues to infinite. {

You might also like