Finc 3610 exam 2 qsas Study guides, Class notes & Summaries
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FINC 3610 Exam 2 Qs&As
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FINC 3610 Exam 2 Qs&As Annuity - Answer-Finite series of equal payments that occur at regular interval Perpetuity - Answer-Infinite series of equal payments Ordinary Annuity - Answer-If the first payment occurs at the end of the period Annuity Due - Answer-If the first payment occurs at the beginning of the period Perpetuity Formula - Answer-PV = C / r Annuity Formulas - Answer-PV = C [( 1 - 1/(1+r)^t) / r] or PV = C [(1+r)^t - 1) /r ] Annuity Due Formula - Answer-Multiply answer by (1+...
