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25 October, 19:19

A series of equal regular deposits is called

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  1. 25 October, 20:00
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    Annuity.

    Explanation:

    A series of equal, regular deposits is called an annuity. Basically, as an annuity is a series of adjustments made at equal intervals. The examples based for annuities can be given as regular deposits to a savings account, monthly insurance payments, monthly home mortgage payments, as well as pension payments. Annuities can furthermore be arranged by the regularity of payment dates.
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