Finding the Payment - Amis 2200, The Ohio State University

in Chapter 9 (Video 10 of 10)

6 minutes

If you already know the present value of the annuity, how can you find the payment amount? That's what we'll tackle in this problem.

This Video Mentioned Some Formulas

Payment Amount

* PVOA(i, n) (Look this up in the PVOA Table)

Present Value of an Ordinary Annuity

1	Interest Bearing Notes	8:26
2	Non-interest Bearing Notes	6:16
3	Contingencies	5:58
4	What is Present Value	8:15
5	Simple vs Compound	14:41
6	PV of a Lump Sum	4:39
7	PV of a Lump Sum	6:09
8	Ordinary Annuity	7:16
9	Purchasing with an Annuity	4:31
10	Finding the Payment You are here.	6:07

	Click Here to View All Chapter 9 Problems at Once	View
1	Liability Classification	Easy
2	Contingent Liabilities	Moderate
3	Contingent Liabilities - Warranties	Moderate
4	Purchasing with a Non-Interest Bearing Note	Moderate