Annuity
00
Eg
An
annuity
occuring
paid
for
$5000
P.v
of
a
is
at
5 Years
normal
constant
sum of money received
regular
intervals.
foo - a fixed
period
101.
of
annuity =
time.
Annuity
✗
Annuity factor
5000
✗
3-791
=
=
18955
Annuity
Noomal Annuity
Advanced
Delayed
Return start
Return from
Return
start
from
0
¼
Annuity
one year
2) 3, 4,5
Annuity factor
✗
will
beyond
Normal ⇒ use the table
as it given
Advanced =
3. 791 + 1
A-F + I
= 4- 791
> Delayed =
F - Delayed
Annuity
3- 791 - 1-730
1×22
Perpetuity
Constant
interval
Pr
of
some
of
Money occur at regular
but
it
will
be
Joo indefinite life
perpetuity
Advanced =
=
perpetuity
(I + 1) ✗
✗ ↘
perpetuity
→ Normal
172
②
3