If A is given [ Find R: [ Find t:

[ ( ] p.106 ) ( )

If S is given ) ] Find R: [
( )

] p.104

] p.104 Find t:

] p.104

[ (

] p.106 )

n = tm [ ( [ ( ] ) ] )

n = tm [ ( [ ( ] ) ] )

[ ( If A is given Find j: (pp.109-110)

( ) ( ) (

] )

[ ( If S is given Find j: (pp.109-110)

) ( ) ( ) (

] )

In quadratic equation form:

In quadratic equation form:

Ordinary Annuity periodic payment is made at the start of each term or period
Present Value [ ( ) ]

Annuity Due - periodic payment is made at the beginning of each term or period
[ ( )
( )

Deferred Annuity-periodic
payment does not occur at the start or end of the term or period but delayed to a later date ( )

]( )

or ( or
[ ( ) ]( )

) p. 112-113

or
(

Future Value or Amount [

( )

] p.104

)(

( [

or ( or )

](

Ordinary Annuity
If A is given [ Find R [
Find t [ ( ] )

Annuity Due
) If is given ]
[ ( ) ]( )

Deferred Annuity
[ ( ) ]( )

Find R ( ) ]
Find t [ [ (( (

Find R
If A is given )(
( )

) ]

( ) )( )

) ]( )

If S is given [ Find R [
Find t [ ( ] )
( )

If is given
[ (

] p.104

Find R ( ) ]
Find t [ [ ( )

Find R (if S is given)

)(
( )

) ]

Before the start of the term ( )

ANNUITYS VALUE AT ANY TIME

After the end of the term ( ) At the middle of the term ( )

To find Y: To find X: To find : 1. Find the amount (S) of 1. Find the amount (S) at 1. Find the present value an ordinary annuity the end of the kth (A) of an ordinary period and the annuity remaining liability after 2. Then accumulate S by the kth period 2. Then discount A by using the formula: 2. Then use the formula: using the formula ( ) ( )