Question: What is an annuity How is it defined What is the difference between an ordinary annuity and an annuity due

What is an annuity How is it defined What is the difference between an ordinary annuity and an annuity due

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What is an annuity Definition In its most general sense an annuity is an agreement by one person or organization to pay another person a series of installments Usually the annuity term relates to a co... View full answer

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