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The Formula to Calculate the Present Value of an Ordinary PVo=C×[11(1+i)ni]P V o = C \times \left[ \frac { 1 - \frac { 1 } { ( 1 + i ) ^ { n } } } { i } \right]

Question 32

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The formula to calculate the present value of an ordinary annuity is:
PVo=C×[11(1+i)ni]P V o = C \times \left[ \frac { 1 - \frac { 1 } { ( 1 + i ) ^ { n } } } { i } \right]

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