Types of payments
- Created by: Shreeya Bhan
- Created on: 08-04-13 10:17
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- Types of payments
- Annuities: finite series of equal payments that occur at regular intervals
- Ordinary annuity: first payment occurs at the end of the period
- annuity due: first payment occurs at the beginning of the period
- Perpetuities: infinite series of equal payments
- Annuities: finite series of equal payments that occur at regular intervals
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