The present value of an annuity is the amount of money we would need now in order to be able to make the payments in the annuity in the future. and solving for the present value P after s...The present value of an annuity is the amount of money we would need now in order to be able to make the payments in the annuity in the future. and solving for the present value P after substituting the numerical values for the other items in the formula, many textbooks first solve the formula for P in order to develop a new formula for the present value.
The present value of an annuity is the amount of money we would need now in order to be able to make the payments in the annuity in the future. and solving for the present value P after s...The present value of an annuity is the amount of money we would need now in order to be able to make the payments in the annuity in the future. and solving for the present value P after substituting the numerical values for the other items in the formula, many textbooks first solve the formula for P in order to develop a new formula for the present value.
The present value of an annuity is the amount of money we would need now in order to be able to make the payments of a specific amount in the future. and solving for the present value PV ...The present value of an annuity is the amount of money we would need now in order to be able to make the payments of a specific amount in the future. and solving for the present value PV after substituting the numerical values for the other items in the formula, many textbooks first solve the formula for PV in order to develop a new formula for the present value.