ordinary annuity Synonyms
No Synonyms and anytonyms found
ordinary annuity Meaning
Wordnet
ordinary annuity (n)
an annuity paid in a series of more or less equal payments at the end of equally spaced periods
ordinary annuity Sentence Examples
- The ordinary annuity provides a fixed income stream in equal payments over a specified period.
- The payment intervals for an ordinary annuity typically occur at the end of each period.
- The present value of an ordinary annuity is the sum of the present values of each individual payment.
- The future value of an ordinary annuity is the sum of the future values of each individual payment.
- The annuity payment factor is used to calculate the present value or future value of an ordinary annuity.
- Annuities can be categorized as either ordinary annuities or annuity due, depending on the payment timing.
- Ordinary annuities are often used to fund retirement or other long-term financial goals.
- The interest rate and the term of the annuity are important factors to consider when valuing an ordinary annuity.
- The value of an ordinary annuity can be affected by changes in interest rates or other economic factors.
- Financial professionals can provide guidance on the suitability and valuation of ordinary annuities based on individual circumstances.
FAQs About the word ordinary annuity
an annuity paid in a series of more or less equal payments at the end of equally spaced periods
No synonyms found.
No antonyms found.
The ordinary annuity provides a fixed income stream in equal payments over a specified period.
The payment intervals for an ordinary annuity typically occur at the end of each period.
The present value of an ordinary annuity is the sum of the present values of each individual payment.
The future value of an ordinary annuity is the sum of the future values of each individual payment.
