Present Value Of Annuity Due

Definition of "Present value of annuity due"

Edie Czerniak
Edie Czerniak RE/MAX Realty Team

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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