Glossary

A glossary is a dictionary of terms specific to a certain subject. A biology textbook might have a glossary in the back, so you can quickly look up all those technical words.

Future Value of an Annuity

Updated on 2023-08-29T11:55:34.180639Z

It is the total value of annuity payments at a particular point of time in the future, and it allows us to determine the worth of future payments, considering a rate of return and periodic payments.