Video Links 11-5
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)
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Sinking funds
Homework Hints 11-5
Note: Homework Hints are given only for the Level 1 and Level 2 problems.
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
Section 11.5: Annuities
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
…