Week 2 Svoboda "Annuity"

Annuity:

(N) A specified, fixed sum of money that an individual receives each year of their life

"Many people explore the benefits of annuities as a way to save their money for when they retire" (conversation with my sister, Anika).

With my new understanding of this word I hope to be able to talk to my sister more about her finance class at college. In addition, my knowledge on finance is deepened.

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