the size of each payment made for an annuity is called as
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the size of each payment made for an annuity is called as
1 unit
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The size of payment made for an annuity is called as 1unit
• In a long term investment like insurance the payment is divided into various parts.
• The payment in intervals can be for a lifetime also that is called an annuity
•This helps the buyers in making paying process easy.
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