Present Value of 1 
Future Value of 1 
Present Value of an Annuity of 1 
Future Value of an Annuity of 1 
An annuity is a series of equal payments occurring at equal intervals.
Definitions:
Deferred Annuity
An insurance product that provides future payments to the holder, starting at a designated date rather than immediately.
Ordinary Annuity
Identical sums disbursed following each period within an allotted timeframe.
Conditional Sale Contract
A contract agreement where the sale is contingent upon fulfilling certain conditions or terms.
Compounded Monthly
The process by which interest is calculated on both the principal and the accumulated interest on a monthly basis.
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