Present value tables are tools that are used to calculate the present value of investment vehicles such as annuities. These tables match interest rates with various other factors to arrive at the result. Many life insurance companies offer annuities and use present value tables to help calculate their values.
Knowing the present value of an annuity when different variables and coefficients are factored in can provide a lot of relevant pricing information about the annuity. Annuities are often used as a source of fixed income for retirees, so it is important to make careful, informed decisions about them. Present value tables can provide key information.
Share this Term
Stay informed with Insuranceopedia!
The world of insurance can be complicated. Subscribe to the Insuranceopedia newsletter and stay in the know! Access expert content, industry term definitions and answers to your questions from knowledgeable insurance insiders. Arm yourself with what you need to know to keep your assets and your family safe.
Latest Articles
