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
-
422 Solvers
-
340 Solvers
-
Solve a System of Linear Equations
14164 Solvers
-
361 Solvers
-
Determine if Input is Oddish or Evenish (Odd/Even Sum of Digits)
321 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!