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Community: Investing Wiki

Term Of The Hour

present value annuity: Original post by Ryan Menezes of Demand Media A fixed annuity pays the policy holder set payments over the course of its life. A growing annuity's payments, however, increase over time, making the policy similar to other growing investments. Each future payment is worth less to you now that an equivalent amount of cash. If you had cash rather than the promise of future money, you could invest it,…

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