Future Value of Ordinary Annuities

Tags: #Economics

Equation

$$S = R \times \frac{(1+i)^n - 1}{i} \\ R = S \times \frac{i}{(1+i)^n - 1}$$

Latex Code

                                 S = R \times \frac{(1+i)^n - 1}{i} \\
R = S \times \frac{i}{(1+i)^n - 1}

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Introduction

Equation



Latex Code

            S = R \times \frac{(1+i)^n - 1}{i} \\
            R = S \times \frac{i}{(1+i)^n - 1}

Explanation

Latex code for the Future Value of Ordinary Annuities. The payment/deposit is at the END of the period. I will briefly introduce the notations in this formulation.

  • : Future Value/Total amount accrued
  • : Payment/Deposit made in each period
  • : Rate per period
  • : Total number of times compounded

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