Difference between revisions of "Annuity"

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According to [[Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition)]],
 
According to [[Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition)]],
 
:[[Annuity]]. A series of equal payments at fixed intervals for a specified number of periods.
 
:[[Annuity]]. A series of equal payments at fixed intervals for a specified number of periods.
 +
According to [[Managerial Accounting by Braun, Tietz (5th edition)]],
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:[[Annuity]]. A stream of equal installments made at equal time intervals.
  
 
==Related concepts==
 
==Related concepts==
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*[[Introduction to Financial Management]].  
 
*[[Introduction to Financial Management]].  
  
[[Category: Financial Management]][[Category: Articles]]
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[[Category: Financial Management]][[Category: Articles]][[Category: Accounting]]

Latest revision as of 16:01, 12 July 2020

Annuity is a series of payments of a fixed amount for a specified number of periods.


Definitions

According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),

Annuity. A series of payments of a fixed amount for a specified number of periods.

According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),

Annuity. A series of equal payments at fixed intervals for a specified number of periods.

According to Managerial Accounting by Braun, Tietz (5th edition),

Annuity. A stream of equal installments made at equal time intervals.

Related concepts

Related lectures