Perpetuity: Financial Definition, Formula, and Examples.
. What is perpetuity? Perpetuity is an annuity that pays out indefinitely. The payments do not have a fixed end date, and they continue as long as the recipient is alive. What are the 3 types of annuities? There are three primary types of annuities: immediate, deferred, and indexed. Immediate annuities begin making payments to … Read more