Annuity value has two basic parts
: Present and future values.
These values can be easily determined, providing that the interest rates are fixed.
The present value annuity can be used to determine the value of your lease, car payments, loans, investments, sales deals, etc. As the payments have interest added to them, it is important to your financial planning to know what is the value of your deal or purchase.
A full explanation, along with table, calculator and examples is provided at the above link.
The future value annuity can be used to calculate the end result of your savings, investments, and other monies that are coming to you. Again, as there is interest involved, it is free to know what you will finally end up with.
A full explanation, along with calculator and examples is provided at the link just above.
Do you want to grow a small monthly amount into a large retirement reserve (deferred annuity)?
Or, do you want to generate steady monthly income in the very near future (immediate annuity)?
To help you with your financial planning, just ask us...
Get a free annuity quote - let us help guide you through the options to make the best choices for you!
Or, get a free consultation from a Certified Financial Planner to go over your plans to help you make the "You'll be glad you did the right thing."
best decision for your needs.
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