Finding the Payment - ACC 201, University of Kentucky

in Topic 10 (Video 7 of 7)

6 minutes

If you already know the present value of the annuity, how can you find the payment amount? That's what we'll tackle in this problem.

This Video Mentioned Some Formulas

Payment Amount

* PVOA(i, n) (Look this up in the PVOA Table)

Present Value of an Ordinary Annuity

1	What is Present Value	8:15
2	Simple vs Compound	14:41
3	PV of a Lump Sum	4:39
4	PV of a Lump Sum	6:09
5	Ordinary Annuity	7:16
6	Purchasing with an Annuity	4:31
7	Finding the Payment You are here.	6:07

		Click Here to View All Topic 10 Problems at Once	View
1		Purchasing with a Non-Interest Bearing Note	Moderate