answersLogoWhite

0

A fixed payment which is made annually is called an annuity.

User Avatar

Wiki User

17y ago

What else can I help you with?

Related Questions

How do use the words annual and yearly in one sentence?

"An annual payment is a payment made on a yearly basis."


Land granted by the king to a small group of persons in return for an annual payment was called a?

proprietary colony


What was the land granted by the king to a small group of persons in return for an annual payment called t?

Proprietary Colony


What does annual payment mean?

when you get money


What does semi annual payments mean?

Semi annual payment means payment done every half year or twice a year.


What is a regular insurance payment called?

A regular insurance payment is called a premium. This payment is typically made on a monthly, quarterly, or annual basis, depending on the terms of the insurance policy. The premium is the cost of maintaining coverage and is used by the insurance company to pay for claims and administrative expenses.


What happens to the monthly payment and total payment for a loan with a lower annual interest rate?

If a loan has a lower annual interest rate, the monthly payment will be lower and the total payment over the life of the loan will also be lower.


How much is it to join mcfly super city?

Annual payment = £40 Monthly payment = £6


What is the true annual interest rate on a 20 year 200000 loan with an annual payment of 41067?

310.5%


What is the average annual payment of an actress?

Roughly 20,000 to 30,000 a year


What is better a lump sum or an annual payment?

200000000(.25)^1


What is annual interest?

Annual interest is interest that accumulates every year. This is a predetermined percentage that is added to a loan or credit card payment.