The payments are at the end of the payment intervals, and both the compounding frequency and the payment frequency are the same (both quarterly). Because this is a simple annuity, an interest rate conversion is not required. Consider a scenario where you invest $1,000 at the end of every year into a savings account that...Read More
So next time you hear someone saying, “This is 2 mm long”, you may promptly visualize it by relating it to common objects without any hesitation. DESMO Wealth Advisors, LLC is an Austin, TX fee-only financial advisor and CFP® providing financial planning, retirement planning, and investment management services. Your per occurrence limit is the most...Read More
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