GMC CLERK QUESTION PAPER SOLUTION (EXAM : 16/09/2018)

If you're thinking about selling some or all of your payments, knowing what they're worth today is an important first step, but it's not just a simple calculation. When you set up your annuity, you chose what options, known as riders, you put on it that changes how the payout worked. These riders can change the value of your payments. Other factors that influence the current value of your future payments include:
The amount of remaining paymentsHow often you receive those paymentsWhen you're scheduled to receive the payments you're looking at selling.

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