PV of an annuity (a) Calculate the present value of a series of regular payments received at regular intervals.
{"Image DocumentName": "PV of an annuity (a)Calculate the present value of a series of regular payments received at regular intervals.", "Image ImageDescription": "If you expect to receive  10,000 each year for two years starting in one year, and your opportunity cost is 11%, how much is it worth today? PV0=\ud835\udc34 1\u2212 1 1+\ud835\udc5f \ud835\udc41 \ud835\udc5f. A2 =  10,000. A3 =  10,000. r = 11% r = 11% t = 0. t = 1. t = 2. LOS: Calculate the FV or PV of an ordinary annuity and an annuity due. Pages 19\u201320. The term in parentheses is often referred to as the present value interest factor of an annuity, or PVIFA(r,n). r = 11% r = 11% t = 0. t = 1. t = 2. PV0 =  17,", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}