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A contract calling for payment of a fixed sum for a given period of time or for life.
A contract calling for payment of a fixed sum for a given period of time or for life is called annuity.
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Asked 2/8/2016 11:04:41 PM
Updated 2/9/2016 1:22:58 AM
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A contract calling for payment of a fixed sum for a given period of time or for life is called annuity.
Added 2/9/2016 1:22:58 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [2/9/2016 1:34:00 AM]
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