## Video Links 11-6

**Video:**

Present Value of an Annuity – Note: the keys you press will vary depending on the calculator that you are using. (time: 3:25)

… See the whole entry

**Video:**

Present Value of an Annuity – Note: the keys you press will vary depending on the calculator that you are using. (time: 3:25)

… See the whole entry

**Videos:**

Calculating Annuities (time: 6:18)

Using a calculator to find a sinking fund – Note: the keys you press will vary depending on the calculator that you are using. (time: 1:58)

… See the whole entry

There are a multitude of sites to help with retirement planning. Here is a samples:

http://www.troweprice.com/retirement

The annuity formula in the book is actually called an ordinary annuity. This is the situation where the payment is made at the end … See the whole entry

However, as you go through the book be sure you look at all the examples in the text. If you need hints for the Level 3 … See the whole entry

However, as you go through the book be sure you look at all the examples in the text. If you need hints for the Level 3 … See the whole entry

- Definition of variables
- Classification of financial formulas
- simple interest formula
- compound interest formula
- future value problem
- present value problem
- ordinary annuity
- present value of an annuity
- sinking fund
- amortization

- Present value of an annuity
- definition
- formula
- calculator

- Monthly payments
- define amortization
- formula
- calculator
- distinguish add-on simple interest and amortization

- 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