Structured Settlement Annuity Additional Resources - Page 2




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News About Settlements

* Did You Know?
  • Time value of money - concept based on the premise that one will prefer to receive a certain amount of money today than the same amount in the future, all else being equal.
  • Compound interest - interest which is regularly added to the debt (called compounding) and is calculated over the principal PLUS over the interest already accrued to the debt (over the total amount owed).
  • Simple interest - interest that accrues linearly, growing by a certain fraction of the principal over equally-spaced time periods for the life of the loan.
  • Simple interest - interest that accrues linearly, growing by a certain fraction of the principal over equally-spaced time periods for the life of the loan.
  • Inflation - an increase in the general level of prices of a given kind in a given currency.

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