Look at the formula for the present value of an annuity


Look at the formula for the present value of an annuity. What happens to the present value as the number of periods increases? What distinguishes an annuity from a perpetuity? Why is there no formula for the future value of a perpetuity?

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Financial Management: Look at the formula for the present value of an annuity
Reference No:- TGS01573119

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