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equivalent annual annuity
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| e·quiv·a·lent an·nu·al an·nu·i·ty (plural e·quiv·a·lent an·nu·al an·nu·i·ties) |
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annualized amount over some years: the net present value of an investment calculated in terms of the discounted yearly cash flows it produces. This method is often used when comparing the potential cash flows from two or more investments with different lives.
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