Problem 56150. Ordinary Annuity : Periodic Payment (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 A, given P, r and n. Round to the nearest cent.
Solution Stats
Problem Comments
Solution Comments
Show commentsProblem Recent Solvers35
Suggested Problems
-
Swap the first and last columns
22447 Solvers
-
4493 Solvers
-
Replace multiples of 5 with NaN
465 Solvers
-
519 Solvers
-
Determine if x is a combination of m and n
425 Solvers
More from this Author92
Problem Tags
Community Treasure Hunt
Find the treasures in MATLAB Central and discover how the community can help you!
Start Hunting!