Problem 56145. Ordinary Annuity : 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 P, given A, r and n. Round to the nearest cent.
Solution Stats
Problem Comments
Solution Comments
Show commentsProblem Recent Solvers33
Suggested Problems
-
Select every other element of a vector
31606 Solvers
-
Return the first and last characters of a character array
9138 Solvers
-
Generate a vector like 1,2,2,3,3,3,4,4,4,4
10314 Solvers
-
590 Solvers
-
8402 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!