answersLogoWhite

0

A series of fixed payments refers to recurring amounts that are consistent and unchanging over a specified period of time. These payments can be made as part of a contract, loan agreement, or investment arrangement.

User Avatar

AnswerBot

1y ago

What else can I help you with?

Continue Learning about Natural Sciences

What is a series of photosynthetic reactions in which carbon dioxide is fixed and reduced in chloroplast?

light-dependant reactions


What are two main types of savings bonds?

The two main types of savings bonds are Series EE bonds and Series I bonds. Series EE bonds earn a fixed interest rate and are guaranteed to double in value if held for 20 years. Series I bonds offer a composite interest rate that includes a fixed rate and an inflation rate, making them a good option for protecting against inflation. Both types are backed by the U.S. government and can be purchased electronically or in paper form.


Is gasoline and oil change fixed expence?

Gasoline and oil changes are generally considered variable expenses rather than fixed expenses. Fixed expenses remain constant regardless of usage, such as rent or insurance payments, while gasoline costs fluctuate based on driving habits and fuel prices. Oil change costs can vary depending on the vehicle's maintenance schedule and driving conditions. Therefore, both gasoline and oil changes can change from month to month based on usage.


What is DRG system?

The Diagnosis Related Group (DRG) system is a method of classifying hospital cases into groups for the purposes of payment. Each group is assigned a fixed rate regardless of the actual cost of care. It is used by Medicare and other insurance providers to standardize payments for inpatient services.


What are some examples of transfer payments?

Some examples of transfer payments include social security benefits, unemployment benefits, welfare payments, and subsidies for farmers. These payments are typically made by the government to individuals, families, or businesses without the expectation of receiving goods or services in return.

Related Questions

What is a series of fixed payments and interest rate in excel?

Annuity


Where can you get your car fixed and make payments on it?

Cars can be fixed in a service station.


What is an immediate fixed annuity?

They are a type of life insurance contract. It is an insurance policy where by paying a sum of money, it is guaranteed that the provider will make a series of payments. They may be a fixed term or number of years or may be until death.


Will The Lease Payments Be Fixed Or Variable?

Sure, all the payments are invariable and they will not change. There will be no surprises with a higher payment later.


Rent payments and property taxes would be counted as?

Fixed cost


Which of these terms includes items such as car payments and insurance?

fixed expenses


How do fixed annuities pay out?

Fixed annuities pay out through a series of regular payments to the annuitant, typically after a specified accumulation phase. The payments can be structured in various ways, such as immediate or deferred, and can be monthly, quarterly, or annually. The payout amount is usually determined by the principal investment, the interest rate guaranteed by the annuity, and the chosen payout period. Once the payout begins, the annuitant receives a stable income, which can continue for a fixed term or for their lifetime, depending on the contract terms.


What cost category are Mortgage payments classified under?

Mortgage payments are typically classified under fixed costs or fixed expenses. This category includes regular, predictable payments that do not fluctuate significantly over time, such as principal and interest payments on the loan. Additionally, mortgage payments may also include property taxes and homeowners insurance, which can be considered variable costs if they change annually.


What type of home mortgage has payments that CANNOT change?

fixed-rate mortgage


How is the word annuties defined?

Annuities are defined as being a set series of fixed payments over a specified period of time. Customers generally pay a premium which is then later distributed as an annuity back to the policy holder.


Is fixed interest rate better than variable interest rate for banks?

Yes, because a variable interest rate can go up as high as 9% APR when you can get a fixed APR of 3.5%. Also with variable interest your payments will always jump around and with fixed your payments are what you sign.


What you do if making payments and cars not working?

You're pretty much out of luck. You'll need to find some money to have it fixed in addition to the payments.