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The Nature of Mathematics – 13th Edition

Section 11.5: Annuities

September 25, 2015July 16, 2015 by elaine

11.5 Outline

  1. Ordinary Annuities
    1. lump-sum problems
    2. periodic-payment problems
    3. definition
    4. monthly payment
    5. ordinary annuity formula
    6. future value formula
  2. Sinking funds
    1. definition
    2. sinking fund formula
  3. Using a calculator for financial problems

11.5 Essential Ideas

11.5.1

Categories Chapter 11, Essential Ideas Tags Annuities, Payment, Sinking funds
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Section 11.4: Series
Section 11.6: Amortization
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