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Session 2, Reading 6 (Part 2): An Annuity is a finite set of level sequential cash flows. An Ordinary Annuity has a first cash flow that occurs one period from now (indexed at t = 1). An Annuity Due has a first cash flow that occurs immediately (indexed at t = 0). A Perpetuity is a perpetual annuity (a set of level never-ending sequential cash flows, with the first cash flow occurring one period from now). 💡 Discuss this video here in our forum: https://trtl.bz/2IaDMZn. 👉 Subscribe here / bionicturtl. . to be notified of future tutorials on expert finance and data science, including the Financial Risk Manager (FRM), the Chartered Financial Analyst (CFA), and R Programming! ❓ If you have questions or want to discuss this video further, please visit our support forum (which has over 50,000 members) located at http://bionicturtle.com/forum 🐢 You can also register as a member of our site (for free!) at https://www.bionicturtle.com/register/ 📧 Our email contact is support@bionicturtle.com (I can also be personally reached at davidh@bionicturtle.com) Chartered Financial Analyst (CFA) Level 1 Volume 1 • Level 1 Chartered Financial Analyst (CFA ®... For other videos in our Financial Risk Manager (FRM) series, see one of the following playlists: Texas Instruments BA II+ Calculator • Texas Instruments BA II+ Calculator Risk Foundations (FRM Topic 1) • Risk Foundations (FRM Topic 1) Quantitative Analysis (FRM Topic 2) • Quantitative Analysis (FRM Topic 2) Financial Markets and Products: Intro to Derivatives (FRM Topic 3, Hull Ch 1-7) • Financial Markets and Products: Intro to D... Financial Markets and Products: Option Trading Strategies (FRM Topic 3, Hull Ch 10-12) • Financial Markets and Products: Option Tra... FM&P: Intro to Derivatives: Exotic options (FRM Topic 3) • FM&P: Intro to Derivatives: Exotic options... Valuation and RIsk Models (FRM Topic 4) • Valuation and RIsk Models (FRM Topic 4) Please note: CFA Institute does not endorse, promote or warrant the accuracy or quality of Bionic Turtle. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute. License agreements for images used: The images used in this video were either purchased under a royalty-free license at 123rf.com (see https://www.123rf.com/license.php?typ...) or were free (or purchased) at canva.com (https://about.canva.com/license-agree...) #bionicturtle #finance #charteredfinancialanalyst #CFA #expertfinance