Math, asked by pawarprajakta194, 5 months ago

Series of equal payments made periodically is classified as ​

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Answered by Anonymous
2

Answer:

annuities

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Answered by llJahangirll
1

Answer:

annuities

An annuity is a series of payments made at equal intervals. Examples of annuities are regular deposits to a savings account, monthly home mortgage payments, monthly insurance payments and pension payments. Annuities can be classified by the frequency of payment dates

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