## 11.5 Outline

- Ordinary Annuities
- lump-sum problems
- periodic-payment problems
- definition
- monthly payment
- ordinary annuity formula
- future value formula

- Sinking funds
- definition
- sinking fund formula

- Using a calculator for financial problems

- Ordinary Annuities
- lump-sum problems
- periodic-payment problems
- definition
- monthly payment
- ordinary annuity formula
- future value formula

- Sinking funds
- definition
- sinking fund formula

- Using a calculator for financial problems