Structured Settlement Annuities Your Guide to Structured Settlement Annuities – What To Do and Why

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What Is A Fixed Annuity

what can be the solution of this problem?

What will it cost me to buy an annuity to pay £5000 per year for 10 years, if interest is fixed at 4% per annum, and the first payment is made 1 year after purchase?  Will it cost more or less if the conditions remain the same except that the first payment is to be made 3 years after purchase?

First situation 40405.19 compounded monthly.
Second situation 37303.65 compounded monthly.

Annuity Series – Fixed Annuities

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