This preview shows pages 1–2. Sign up to view the full content.
This preview has intentionally blurred sections. Sign up to view the full version.
View Full Document
Unformatted text preview: The present value of an n period immediate annuity with first payment P and increasing by g each month with a periodic interest rate of . i 1 1 1 . n g i PV P i g ++ =Annuities with Payments in an Arithmetic Progression: The present value of an n period immediate annuity with first payment P and increasing by a fixed amount Q each month with a periodic interest rate of . i . n n i n i a n v PV P a Q i= + ( 29 n i Ia and ( 29 n i Da Yield Rates Balloon Payment and Drop Payment: General Accumulation Functions The Investment Year Method:...
View
Full
Document
This note was uploaded on 04/21/2008 for the course M 101 taught by Professor Maxwell during the Fall '07 term at University of Texas at Austin.
 Fall '07
 Maxwell
 Geometric Series

Click to edit the document details