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Tag Archives: what is ordinary annuity

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How to calculate Present Value- PV and Future Value-FV of annuity?

AccountingBy Surendra NaikMay 30, 2018Leave a comment

 (This post elucidates on what is annuity, what is ordinary annuity, how to calculate present and future value of annuity along with formulas for calculation of annuity values) An annuity can be defined as a sequence of equal payments made at equal intervals of time. Equated Monthly Installments (EMIs) of loan repayments, monthly remittance of…

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