What Is The Difference Between Annuities And Perpetuities?

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   David RacichPRO

   Fountain Hills, Arizona

   Generally an annuity uses scheduled of fixed payments for a time certain period of basis and interest. Perpetuities are a schedule of fixed payments, generally for the life of the annuitant, of basis and interest with mortality credits added to the account tied to the age of the annuitant.
    

   Answered on May 21, 2013

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