7. General Annuities

7. General Annuities

In this course, you will solve all sorts of general annuity problems. A general annuity is an annuity where the payments do not coincide with the interest periods. You will be able to see that it is very easy to deal with general annuities once an equivalent interest rate is determined with that equivalent rate being compounded as often as the payments are made.

With this course, you will be able to download a complete set of notes which can be used when viewing the video lectures and examples. The course will take you 3-4 days to complete although this time may vary among different students.

Any student who is taking a business program or a mathematics of finance course will be interested in this course.

It would be beneficial to have a thorough understanding of Ordinary Simple Annuities prior to registering for this course.

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Learn how to use the ordinary simple annuities formulas to handle general annuities with one little step.

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What you will learn

• by the end of this course you will be able to determine the future value and present value of general annuities
• you will be able to determine the payment size of a general annuity when given either the future value or the present value
• you will be able to determine the number of general annuity payments required to have one of either a future value or a present value

Rating: 4.66667

Level: All Levels

Duration: 1 hour

Instructor: Helen Dakin