1. 4470 POINTS
    Brandon Roberts
    Owner, The Insurance Pro Blog,
    If you are asking how to calculate the payment received by an annuity this depends on the type of annuity payout.  

    The simplest is a period certain based on a given interest rate.  This is a time value of money solve for payment given a present value of X and interest rate of Y and a future value of zero.

    For annuity that are based on a life (or multiple lives) you would need to know that insurance companies discounting factors for mortality given a certain life covered.
    Answered on August 30, 2013
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