Problem 56145. Ordinary Annuity : Present Value

• Created by Mehmet OZC

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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

85.0% Correct | 15.0% Incorrect

• 40 Solutions
• 34 Solvers

Last Solution submitted on Jan 24, 2025

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