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Q: What is the difference between installment and annuity?

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I don't believe there is any difference.

the difference between installment credit and open ended credit is they are the same..

There isn't a real difference between life annuity and an insurance annuity. Both are a form of life insurance and deal with the same issues. I would go with either one.

ordinary annuity we paid at the end of the period annuity due we paid at the begging of the period

The difference between a lump sum and annuity is, lump some you get a anywhere between half or 3 quarters of the money. An annuity is where you will get a certain amount of money for a certain amount of years.

Pundai

future value of an annuity is a reciprocal of a sinking fund

Whd0

The biggest difference between a US annuity and a Swiss annuity is that Swiss annuities are not subject to the usual tax and bankruptcy reporting requirements and can be used in offshore tax planning.

It depends on the bank your annuity is listed with; call their customer service department.

An annuity due is an annuity where the payments are made at the beginning of each time period; for an ordinary annuity, payments are made at the end of the time period. *an annuity due of (n) periods is equal to an ordinary annuity of (n-1) periods plus the payment.

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