Formula of Annuity Value
Information :
A = Annuity
C = First capital
i = Percentage of interest per period
n = Period
Example Question of Formula of Annuity Value
Determine the annuity value of a loan of $ 5,000,000 over 2years with a 2%/month interest rate!Answer :
C = $ 5,000,000
n = 2 years = 24 months
i = 2% / month = 0.02 / month
So the annuity value of a loan of $ 5,000,000 over 2 years with a 2%/month interest rate is $ 264,355.49.
Similarly this article.
Sorry if there is a wrong word.
The end of word wassalamualaikum wr. wb
Referensi :
- To'Ali's book math group accounting and sales
Jika ingin bertanya secara privat, Silahkan hubungi no 085709994443 dan untuk berkomentar silahkan klick link di bawah ini 👇