Present Value Of Annuity Due


Definition of "Present value of annuity due"

Jill Taylor real estate agent
Jill Taylor, Real Estate Agent RE/MAX Right Choice

Present value of a series of payments such that the first payment is due immediately, the second payment one period from hence, the third payment two periods hence, and so forth. The continued payment is contingent upon the designated beneficiary (the annuitant) continuing to live.

 

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