PRESENTATION OUTLINE
ANNUITIES- FINDING I OR N WHEN PV/FV AND PMT ARE KNOWN
WHAT IF PV AND Pmt ARE KNOWN BUT i OR n ARE UNKNOWN?
- When PV and Pmt are known, calculate TF first
- TF= PV/ Pmt. If i is given, look for n that corresponds to the TF.
- Similarly, if n is given, look for the i that corresponds to the TF.
- Do the same when FV and Pmt are known
- Examples
WHAT IF PV AND Pmt ARE KNOWN BUT i OR n ARE UNKNOWN?
WHAT IF PV AND Pmt ARE KNOWN BUT i OR n ARE UNKNOWN?