In this video you will find the derivation of the PV of Ordinary Annuity formula and solution to a basic problem.
#ELearn #Finance #BusinessMath #Annuity
Geometric Series Equation Formula: https://youtu.be/RsWbF_m8jGM?t=190
0:00 Introduction
0:15 Solving using PV of Compound Interest Formula
3:40 Generating a PV of Ordinary Annuity Equation using Geometric Series
7:03 Solving question using the PV of Ordinary Annuity formula
