Mathematics · Financial Mathematics
The present value of an ordinary annuity (PV a ) can be expressed as (where A is the annuity amount, i is the annual interest rate, and n is the number of years):
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1PV a = n ∑ t=1 n 1 (1+i) t
- 2PV a = i ∑ t=1 A 1 (1+t) t
- 3PV a = A ∑ t=1 n 1 (1+i) t✓
- 4PV a = n ∑ t=1 A 1 (1+t) t
Correct answer
PV a = A ∑ t=1 n 1 (1+i) t
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