Define the Following Terms

question 60

Essay

Define the following terms:
(a)perpetuity
(b)annuity
(c)growing perpetuity
(d)growing annuity

---

Definitions:

Rich Text Format

A document file format developed by Microsoft that supports various formatting options, like bold and italic text, and can be used across different word processing applications.

Print Directly

The ability to send a document or image to a printer without requiring intermediate steps through software.

Desktop

The primary user interface of a computer, represented by the screen(s) that displays icons, files, and windows, serving as a workspace.

Plain Text Document

A file that contains only text and has no special formatting, fonts, or images.