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 its value as the number of periods increases?
What distinguishes an annuity from a perpetuity? Why is there no future value of a perpetuity?
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look at the formula for the present value of an annuity what happens to its value as the number of periods
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1 read the macroeconomics section of the article noise by fischer black and comment on the current state of the economy
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