🎥+✏️Present Value of Annuity (N)🟢

Responses

1. 

   Yousef Naser 10 December 2025

   what is the ordinary annuity formula

   1. 

      Maroun, CPA 13 December 2025

      Hi Yousef,

      For an ordinary annuity (equal payments at the end of each period), the main formulas are:

      1. Present Value of an Ordinary Annuity
      PV = P × ((1 − (1+r)^−n ) / r)

      P = payment each period
      r = interest rate per period
      n = number of periods

      2. Future Value of an Ordinary Annuity
      FV = P × ((1+r)^n – 1 ) / r)

      Same variables as above, but this gives the value at the end of n periods.

      In practice for exam questions, we usually look these factors up in the tables, but these are the underlying formulas.

      I hope this helps!

2. 

   Kanika Kanodia 29 June 2026

   where can i find mcqs to practise?

   1. 

      Maroun, CPA 1 July 2026

      Hello Kanika,

      I’ve added the quiz to FAR Miles.
      If you are enrolled into a different course, please let me know.