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6.)
Ordinary Annuity

each payment
occurs at the end ofthe
period
which
is the same as the beqinnino
ofthe next
period.
PVAN
(End of 4)
FVAN
(End of
I
I
14)
15
ccccccc
+
n=4
n
=
10
A
m
(Beg.
nnuity Due
each payment occurs at the beqinninq of the
is the same as the end of the
previous period.
PVAND
(Beg.
of 6)
I
+
6
FVAND
(Beg
of 16)
of 1)
0
1.)
PVAN
30,722.84
i
PMT
5.000
2.)
FV

PV
20,984.11
1.)
n
i
=
33,795.12
5,000
n=5
20.984.11
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This note was uploaded on 08/22/2009 for the course FIN 3310 taught by Professor Potts during the Spring '08 term at Baylor.
 Spring '08
 Potts
 Annuity

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