Annuities and perpetuities are specific financial instruments that are discussed in the earlier topics of this course.

Required:

Provide examples regarding the use of the basic formula representing these financial instruments across all the various topics in the course. That is, for what types of; financial securities / investments / sources of financing, do we use the principles that apply to either or both of annuities and perpetuities in practice, and importantly, why can we apply such principles to these particular financial securities / investments / sources of financing [note write approximately 75 to 100 words]?