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Direct linkStraka, Thomas J. – Journal of Extension, 2010
Equivalence is a fundamental concept that is the basis of personal financial planning. Any Extension consumer financial education program would need the concept to explain financial products that involve a series of payments over some length of time (pensions, fixed annuities, and mortgages). A table of annuity factors is presented that can be…
Descriptors: Consumer Education, Money Management, Fundamental Concepts, Retirement Benefits
