Problem 56145. Ordinary Annuity : Present Value

Theorem : Present Value of an Ordinary Annuity
where;
  • P : Present value of all payments
  • A : Periodic payment
  • r : Interest rate per period
  • n : Number of periods (peyments)
Calculate P, given A, r and n. Round to the nearest cent.
Solve

Solution Stats

84.62% Correct | 15.38% Incorrect
Last Solution submitted on Apr 26, 2024

Problem Comments

Solution Comments

Show comments

Problem Recent Solvers33

Suggested Problems

More from this Author92

Community Treasure Hunt

Find the treasures in MATLAB Central and discover how the community can help you!

Start Hunting!