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💵 Annuity Payout Calculator

Calculate monthly payout from an annuity balance using the formula PMT = PV x r / (1 - (1+r)^-n).

Understanding Annuity Payouts

An annuity payout converts a lump sum into a series of regular payments over a specified period. The payout amount depends on your balance, the interest rate, and the distribution period. This is commonly used in retirement planning to create a predictable income stream from savings.

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