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Juli2301 [7.4K]
2 years ago
11

How to calculate annuity ​

Mathematics
1 answer:
qaws [65]2 years ago
4 0

Answer:

The formula for determining the present value of an annuity is PV = dollar amount of an individual annuity payment multiplied by P = PMT * [1 – [ (1 / 1+r)^n] / r] where: P = Present value of your annuity stream. PMT = Dollar amount of each payment. r = Discount or interest rate.

Step-by-step explanation:

Hope this helps :) :)

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A customer deposits $2000 In A savings account that pays 5.2% interest compounded quarterly, how much money will the customer ha
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Help plss, i will brainliested :)
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Answer: Look at the photo. :)

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