What is an annuity give some examples of annuities, Finance Basics

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What is an annuity give some examples of annuities

Question: 1. What is an annuity? Give some examples of annuities. Distinguish between an annuity and a perpetuity.

2. Compare some of the different financial calculators that are available on the Internet. Look at www.dinkytown.net, www.bankrate.com/calculators.aspx, and www.interest.com/calculator Which financial calculators do you find to be the most useful? Why?

3. (Compound interest) To what amount will the following investments accumulate?

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