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Annuities Due: An annuity due, by contrast, involves payments that are made at the beginning of each period. Rent, which ...
By applying a mathematical formula consisting of ... future value calculation. For the present value, you'll have to make some assumptions about the discount rate. For example, you might consider ...
For example, the present-value formula would be used to determine how much to invest now if you want to guarantee annual payments of $1,000 for 10 years. To achieve a $1,000 annuity payment for 10 ...