Question

i got a not so common question, pls help

Answer 1

calculate the present value of annutiy due for 75 rupees for 15 years deferred 7 years hence at 5% p.a.

Answer 2

what does that even mean?

Answer 3

lol, it's about annuities.. i didn't get the subject properly too.. it's about banking..
trying to reduce the amount of interest to be paid by over-complicating C.I.

Answer 4

anyone got any idea here??

Answer 5

I know the formula of present value if annuity

Answer 6

of*

Answer 7

yah, i also know, for deferred of immediate annuity.. but deffered of annuity due is sth diff..

Answer 8

Do you have the formula with you? Just want to clear :)

Answer 9

What's this p.a in the end?

Answer 10

the p.a. is 610.17 rupees..

Answer 11

P.a is what? P.a stands for? :/

Answer 12

ah, p.a. is per annum.. or simply per year..
i understood p.a. for present annuity in ur comment..

Answer 13

Ohh okay wait lemme see. Give me 5 minutes please :)

Answer 14

i'll come tomorrow.. see ya guys..

Answer 15

Haha listen you want the answer? :/ Or full working?

Answer 16

full working pls..

Answer 17

Hahaha LOL okay I'll try to solve :)

Answer 18

Give me the formula?

Answer 19

umm.. there is no formula given for deferred annuity of annuity due. only deffered annuity for annuity immediate is known..

if i'd known the formula, i'd have worked it out already..

Answer 20

LOL okay

Answer 21

Very difficult :'(

Answer 22

lol, i know..

Answer 23

do you have a formula for annuity due that is NOT deferred?

Answer 24

yes..
\[P = \frac{ a }{ i } \left\{ 1-\left( 1+i \right)^{-n} \right\}\]

Answer 25

umm,
P = (a/i) x ( 1 - (1+i)^-n)
P = present annuity
a = amount of installment
i = rate/100
n = no. of installments

Answer 26

I tell u a joke ... dont mind...
In classes teachers teach that 2+2=4, gives homework 2+5-1+8+9-2=? and in exam we get: Sandu gives Mandu 3 mangoes, takes away one mango, Mandu buys 5 mangoes, then what is the critical temperature of carbon di oxide?

Answer 27

lol.. senseless but real good way to express the actions of teachers..
but this question is not given by teachers to me, it's a question in the textbook and i just don't seem to find any answers to it..

Answer 28

Hahahaha :D