Present value of an annuity of $1 in arrears table
Posted in: Capital budgeting techniques (explanations)
Present value of an annuity of $1 table is used to find the present value of a series or stream of equal cash flows beginning at the end of the current period and continuing into the future.
3 Comments on Present value of an annuity of $1 in arrears table
In the absence of this table, is there any formula that will used to get the factors?
formula is = 1-(1+r)^-n/r
I Thing correct formula is = 1/r[1-1/(1+r)^n]