Question

Difine and explain the commutation​

Answer 1

Answer:

communication is the mode of expressing ideas and knowledge.

Explanation:

good evening ❤️

Answer 2

Answer:

$\bf\huge\underline{Answer:-}$

Commutation refers to the right that a beneficiary has to exchange one type of income for another.When this happens, the net present value (NPV) of all remaining payments is computed into a single payment that is given to the beneficiary or to the annuitant.