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What did Germany's Auxiliary Service Law require?
Annuity
A financial product that pays out a fixed stream of payments to an individual, typically used as part of a retirement strategy.
Consecutive Payments
Regular payments made in a sequence, without interruption, over a specified period.
Long-Term Asset
Assets held by a company for more than one year, intended for use in producing goods or services or held for investment.
Present Values
The present value of a future amount of money or series of payments, based on a certain rate of return.
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