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Ordinary Annuity
A series of equal payments made at regular intervals, with the distinguishing characteristic that payments are made at the end of each period.
Present Value
Today's value of money or cash flows to be received in the future, determined by applying a given rate of return.
Future Value
The value of a current asset at a specified date in the future, calculated using estimated rates of growth or return.
Growth Rate
The measure of the increase in size, number, value, or strength of a business or a segment of its operations over a specific period.
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