An ordinary annuity is a series of payments made at the end of consecutive periods over a fixed length of time.

Payments in an ordinary annuity are made at the end of each consecutive period.

`The formula for calculating the future value of an ordinary annuity is ``FV = PMT x [((1 + i)n - 1) / i]`

, where PMT is the periodic payment, i is the interest rate per period, and n is the number of periods.

An annuity is a contract that provides a periodic payment of a fixed amount, ensuring that the payments are made on time.

An annuity is a contract between a person and an insurance company that begins on a specified date.

The annuity contract will last for a specified amount of time, such as 10, 20, or 30 years.

Fixed annuities give the same payment every period, while variable annuities have payments that can vary from period to period.

The ordinary annuity is the regular payment due for each period of the annuity contract.

The ordinary annuity makes payments at the end of each period, as stated in the annuity contract.

An annuity due is similar to an ordinary annuity, but payments are made at the beginning of each period, instead of at the end.