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sashaice [31]
3 years ago
5

What is the meaning of annuity​

Mathematics
2 answers:
ankoles [38]3 years ago
7 0
An annuity is a type of retirement income product that you buy with some or all of your pension pot. It pays a regular retirement income either for life or for a set period. Annuities – the basics. Higher income for medical conditions or unhealthy lifestyle. Your other retirement income options.
Goryan [66]3 years ago
4 0

Answer:

a fixed sum of money paid to someone each year, typically for the rest of their life.

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