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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.
Annuity Due A payment that must be made at the beginning, rather than at the end, of a period. For example, an annuity due may require payment at the beginning of the month instead of at the end. Many lease agreements have annuity due payments, while credit cards, for example, do not. annuity due See advance payment annuity.How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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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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