#1 Annuity Payout Calculator The term annuity means an investment that provides many payments in exchange for an initial lump sum. By definition, the word annuity refers to any terminating stream of fixed payments over a specified period of time. For example, the amount you pay monthly as your home mortgage payment and regular deposits to your savings account. An annuity calculator is a device that is used to calculate annuity payout. With an annuity payout calculator you can perform several tasks in the form of calculations; such as: You…
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