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annuity due |
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Annuity due An annuity with n payments, where the first payment is made at time t = 0, and the last payment is made at time t = n - 1.
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89% 1 + aftertax return ______________________ -1 1 + inflation Amount needed at the time Danielle enters college Present value of an annuity due of $25,533 for 4 years at 1. In addition, although new business production has been discontinued at IL Annuity due to product persistency problems, the balance of annuity business in other AmerUs Group companies is profitable and within pricing expectations. |
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