ACCT 284 at Iowa State University

7. Finding the Payment

in Topic 10 (Video 7 of 7)
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

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