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Periodic payments for an insurance policy?
annuity
What is the periodic payments made to keep an insurance policy in effect called?
premium
How do Treasury bills and bonds work?
In this scenario, the investor receives periodic payments (annuity payments) and a lump sum when the debt instrument matures.
When a series of equal periodic payments is put into an interest bearing account for a specific number of periods?
Annuity
In paying off a mortgage loan using level periodic payments the amount of the periodic payment that goes toward the reduction of principal increases over the life of the mortgage is it true or false?
True.
Periodic payments for an insurance policy?
annuity
What is the periodic payments made to keep an insurance policy in effect called?
premium
How do Treasury bills and bonds work?
In this scenario, the investor receives periodic payments (annuity payments) and a lump sum when the debt instrument matures.
Which type of insurance contract requires a lump sum or periodic payment in exchange for receiving periodic payments from the insurance company?
As you have described it, this sounds very similar to an annuity.
When a series of equal periodic payments is put into an interest bearing account for a specific number of periods?
Annuity
How could one obtain cash for structured settlement payments?
One can obtain cash for structured settlement payments from any of the legal financing companies. Structured settlements is a periodic payments of funds. It is received as a claimant of injured party.
What type of insurance contract requires a lump some or periodic payment in exchange for receiving periodic payments from the insurance company?
That could be an annuity, or a permanent life insurance policy.
What is an RA Bill?
Running Account Bills: Raised for periodic payments for an ongoing projects, example for construction projects
What are paydowns?
Periodic payments against an outstanding loan balance that do not pay off the entire outstanding loan balance.
Which type of insurance contract requires a lumps or periodic payment in exchange for receiving periodic payments from the insurance payment?
Whole Life, Universal Life, as well as Annuities can be used for this purpose.
What are the features of a Structured Annuity?
Some features of a structured annuity include: periodic payments instead of lump sum payments, reduced legal fees and court costs, and higher interest rates.
In paying off a mortgage loan using level periodic payments the amount of the periodic payment that goes toward the reduction of principal increases over the life of the mortgage is it true or false?
True.
