acct229 at Texas A&M

10. Finding the Payment

in Chapter 9 (Video 10 of 10)
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

Did I miss anything in Chapter 9?

What Did I Miss?