What does Present Value Table mean? Read on to discover the definition & meaning of the term Present Value Table - to help you better understand the language used in insurance policies.
Present Value Table
Present value tables are tools that are used to calculate the present value of investment vehicles such as annuities. These tables match interest rates with various other factors to arrive at the result. Many life insurance companies offer annuities and use present value tables to help calculate their values.
We hope the you have a better understanding of the meaning of Present Value Table.