Present Value Table

What Does Present Value Table Mean?

Present value tables are tools used to calculate the present value of investment vehicles, such as annuities. These tables combine interest rates with various factors to determine the present value. Many life insurance companies that offer annuities use present value tables to assist in calculating their values.

Insuranceopedia Explains Present Value Table

Understanding the present value of an annuity, when factoring in different variables and coefficients, offers valuable pricing insights. Annuities are often used as a source of fixed income for retirees, making it essential to make well-informed decisions. Present value tables can provide crucial information for this purpose.