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 Solvers31
Suggested Problems
-
Make the vector [1 2 3 4 5 6 7 8 9 10]
50060 Solvers
-
281 Solvers
-
279 Solvers
-
530 Solvers
-
Find the next Fibonacci number
721 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!