What will increase the future value of an annuity?

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1010514

2026-08-06 00:26

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The future value of an annuity can be increased by several factors: higher periodic contributions, a longer duration of contributions, and a higher interest rate. Increasing the amount invested at each interval boosts the total accumulation, while extending the investment period allows more time for interest to compound. Additionally, securing a higher interest rate enhances the growth of the invested funds over time.

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