Reading...
Play button
Play button
Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
4 Cards in this Set
- Front
- Back
|
Constant Perpetuity
|
A constant periodic payment forever. |
|
|
Constant Annuity
|
A constant periodic payment for a fixed term (e.g., a mortgage) |
|
|
Growing Perpetuity
|
A periodic payment forever in which the payment amount grows each period by a fixed percentage relative to the previous period. |
|
|
Growing Annuity
|
A periodic payment for a fixed term in which the payment amount grows each period by a fixed percentage relative to the previous period. |
