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MEANING OF PRESENT VALUE OF ANNUITY AND FUTURE VALUE OF ANNUITY

MEANING OF PRESENT VALUE OF ANNUITY AND FUTURE VALUE OF ANNUITY

ANNUITY

An annuity is a monetary speculation or investment that produces customary instalments of payments for a set time frame period. In current times, an annuity is most frequently bought through an insurance agency or a monetary or financial services organisation….

 

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