Present Value Of Annuity Due

Definition of "Present value of annuity due"

Janet Ogburn real estate agent
Janet Ogburn, Real Estate Agent SVR Realty LLC

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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