Question

How to calculate present value when quaterly payments are made using annuity table?

Answer 1

Hola mate..

Present Value of an Annuity

1.PVA = the Present Value,

2.PMT = the Annuity Payment which occurs m times per year,

3.rnom = the nominal interest rate,

4.m = the number of compounding periods per year, and.

5.t = the number of years.

Thus, mt = the number of payments and compounding periods in t years.

Hope this helps u dude ✌

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