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Ordinary Annuity
A series of equal payments made at regular intervals, with the payment period typically matching the interest period.
Ordinary Annuity
A series of equal payments made at regular intervals (e.g., monthly or annually) with interest compounded at the end of each period.
Deferred Annuity
An insurance product that delays payments until the investor elects to receive them, often at retirement.
Ordinary Annuity
An investment that makes equal periodic payments for a fixed period of time.
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