Have you ever tried getting an appliance by applying in a Home Credit, Flexi Finance, or through credit cards? If yes, you will realize that this lesson is the direct application of this. With this, you can also see or compute how lending institutions really work. You will also realize if they are really worth it.
This lesson will tackle first the definition and types of annuities and the difference between simple and general annuities.
SLIDES PRESENTATION
LESSONS
SIMPLE and GENERAL ANNUITIES
Lesson 2Fair Market Value
This lesson will help you understand the fair market value of a cash flow stream that includes an annuity. It will give you an idea how to calculate the fair market value.
Fair Market Value
Lesson 3-Deferred annuity
This lesson will help you understand how to calculate the period of deferral and the present value of a deferred annuity.
Deferred Annuity
SELF-LEARNING MODULES
genmath_q2_mod6_FairMarketValueofaCashFlow_v2.pdf
Fair Market Value
genmath_q2_mod7_deferredannuity_v2.pdf
Deferred Annuity
VIDEO LESSONS
Cash Flow and Fair Market Value
Period of Deferral
Present Value of Deferred Annuity
PRACTICE EXERCISE
Practice Exercise#3.pdf
Answer this in your Math Notebook.
Mathematicians aren't people who find Math easy. They are people who enjoy how hard it is.