Growing annuity and a growing perpetuity

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Reference no: EM131179018

1. What is the APR, and why are lending institutions required to disclose this rate?

2. What is the difference between a growing annuity and a growing perpetuity?

Reference no: EM131179018

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Growing annuity and a growing perpetuity : 1. What is the APR, and why are lending institutions required to disclose this rate? 2. What is the difference between a growing annuity and a growing perpetuity?
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