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Asked 3/27/2010

The sum of the payments of an annuity plus the interest is called

Is the amount of the annuity, payoff amount, economic sum or the financial total or something total different

 
 
 
 
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Answer 1/1 - Submitted 5/28/2010

An annuity is a series of equal periodic payments. The amount or future value of an annuity is the sum of all the payments plus all interest earned.

 
 
 
 
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