Question: What are the most efficient ways to calculate the present value of an ordinary annuity? What is the relationship between the PVIF and PVIFA interest
What are the most efficient ways to calculate the present value of an ordinary annuity? What is the relationship between the PVIF and PVIFA interest factors?
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The PV of an ordinary annuity PVA n can be determined using the formula PVA n PMT PVIFA in Where PMT ... View full answer
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