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Chapter 4 introduced annuities and perpetuities. Compare and contrast the differences between perpetuities and annuities. Be sure to include the following: What is an annuity?

Chapter 4 introduced annuities and perpetuities. Compare and contrast the differences between perpetuities and annuities. Be sure to include the following: What is an annuity? What is a perpetuity? Provide examples of each What is the difference between an annuity and a perpetuity? What is the purpose of an annuity? What is the purpose of a perpetuity? Advantages and disadvantages of each

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