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Soloha48 [4]
3 years ago
9

An annuity may best be defined as:

Business
2 answers:
Viktor [21]3 years ago
4 0

Answer:

Answer: D. a series of consecutive payments of equal amounts.

Explanation:

Aleksandr-060686 [28]3 years ago
3 0

Answer: D. a series of consecutive payments of equal amounts.

Explanation:

An annuity is a financial commodity that provides a fixed amount of payments, paid in equal periods, such as deposits made into savings accounts, monthly home mortgage payments, and monthly insurance payments.

Annuities are meant to be a safe way to secure a steady capital flow during people´s retirement years, as well as to avoid outliving their assets.

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