Answer:
The answer is annuity
Step-by-step explanation:
Annuity is a term that describes streams of payments made at equal intervals. Examples of such payments (annuities) are monthly home mortgage payments, monthly insurance payment, regular deposits into a savings account, monthly pension payments and life annuity (payment to an individual for the rest of his/her lifetime).
The equal intervals which annuities payments are made could be yearly, quarterly, weekly, monthly or any other equal interval of time.