Understanding Annuities

Lesson 4 of 11 • 3 upvotes • 7:07mins

Rakesh Sud

Time Value of Money-Annuities. Annuities are a series of level/even/equal sized cash flows that occur at the end of each time period for a fixed time period.Some Examples of Annuities areCar Loans,House Mortgages,Insurance Policies,Some Lotteries are Retirement Money.Perpetuities are a series of level/even/equal sized cash flows that occur at the end of each period for an infinite time period.