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Find the Number of Years to pay Loan Present Value Annuity Example

Annuity Future Value: • Annuity and Future Val...
#annuity_FutureValue_mortgage #financial_applications #simpleinterest #compoundinterest #futurevalue #financialliteracy #AnilKumar #GlobalMathInstitute #MPM2d_DataManagement
/ @mathematicstutor
Anil Kumar FREE Math Class Booking:
Present Value P of an Annuity of n payments of R each at the end of consecutive interest periods with interest compounded at a rate i per period is given by the formula: PV=R((1-(1+i)^(-n))/i)
Annuity and Future Value: • Annuity and Future Val...

Пікірлер: 55

  • @ordspider
    @ordspider5 жыл бұрын

    You are such a life saver. Learnt more here than my lectures!

  • @pr1sha
    @pr1sha Жыл бұрын

    thank you so much! helped me right before my exam

  • @abangemirzaihanabangzulkip9502
    @abangemirzaihanabangzulkip95022 жыл бұрын

    Thank you so much! You are a life saver because I finally figure it out how to calculate the number of payments.

  • @amorownforshi
    @amorownforshi Жыл бұрын

    Good example

  • @muhammadaman3939
    @muhammadaman39395 жыл бұрын

    Very nice video

  • @hamzamuzammil7634
    @hamzamuzammil76347 жыл бұрын

    NICE Lecture

  • @davidsoliev
    @davidsoliev4 жыл бұрын

    Ani Kumar thank you so much ❤️, you helped me to understand how to solve annuity in 6 minutes .

  • @nusratjahanshifa
    @nusratjahanshifa2 жыл бұрын

    Thank you. Now the concept is clear ❤️

  • @hamvasq
    @hamvasq Жыл бұрын

    Thank you, finally the answer I needed!

  • @MathematicsTutor

    @MathematicsTutor

    Жыл бұрын

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  • @swag_jpg94
    @swag_jpg94 Жыл бұрын

    Thanks sir for that n trick was looking for it 👍

  • @MAI-SAH
    @MAI-SAH8 ай бұрын

    Thank you so so so much❤❤❤

  • @manorathjoshi3833
    @manorathjoshi38332 жыл бұрын

    thank you so much

  • @SusanLabuschagne
    @SusanLabuschagne4 жыл бұрын

    Thank you for making this so clear for me!

  • @user-vm9lp3fh5k
    @user-vm9lp3fh5k2 жыл бұрын

    Thank you!

  • @ronmakhan7780
    @ronmakhan77804 жыл бұрын

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  • @daniyalpoolyt6070
    @daniyalpoolyt60703 жыл бұрын

    Sir plz guid me if he ask... Q . After a down payment of 300000 a man will pay 20000 per month for 4 years @7% p.a compouned monthly, find cash price

  • @Myusernameistakenwtf
    @Myusernameistakenwtf5 жыл бұрын

    I should definitely be focusing on the math... but what types of pens are those?

  • @Funtime-gv9ot
    @Funtime-gv9ot2 жыл бұрын

    i love you ANIL

  • @MathematicsTutor

    @MathematicsTutor

    2 жыл бұрын

    Thanks

  • @michaelmartin4353
    @michaelmartin43533 жыл бұрын

    Thank you so much. Big help :)

  • @erdogangursum.
    @erdogangursum.2 жыл бұрын

    Baay'ee galatomi 100000000000q very much

  • @akmalmohd8299
    @akmalmohd82993 жыл бұрын

    so helpful :)) thankyouuu so much

  • @lexilindo9548
    @lexilindo95484 жыл бұрын

    How would you calculate the final payment?

  • @ritchienetshiavhela7734
    @ritchienetshiavhela77344 жыл бұрын

    thank you

  • @shahkramleila6456
    @shahkramleila64564 жыл бұрын

    SO HELPFUL any other way gave me the wrong answer, thank you

  • @karthikeyanrathinasapathy4001
    @karthikeyanrathinasapathy40015 жыл бұрын

    you're thanks,i brought loan rs.1,00,000 monthly EMI rs.3250 36 months compound interest how to calculate the rate of interest? please explain with formula

  • @renzvyrontec5837
    @renzvyrontec58374 жыл бұрын

    a man borrows 30,000 at interest rate 6.6% compounded semiannually.he agrees to discharge his obligation by paying a sequence of 8 equal semi annual payments. the number of years of the transaction. Help me thanks

  • @salmadeloera2166
    @salmadeloera21666 жыл бұрын

    You’re amazing thanks

  • @MathematicsTutor

    @MathematicsTutor

    6 жыл бұрын

    Thanks a lot for appreciation.

  • @souvikdas5332
    @souvikdas53324 жыл бұрын

    Thanks please submit the video on Business math and stat on B.com 3rd sem.

  • @dinohunter7176
    @dinohunter7176 Жыл бұрын

    Thanks sir, is it a chance to make video on extracting the i from the formula?

  • @mohammadsarfaraj4265
    @mohammadsarfaraj42656 жыл бұрын

    Thanks.. But how to calculate internet rate ordinary annuity

  • @aishahparvin7336
    @aishahparvin73364 жыл бұрын

    thank you for saving my day sir :)

  • @lakshan2521
    @lakshan25213 жыл бұрын

    how can we directly divide 44 installments by 12. no exact span given

  • @liannemin8884
    @liannemin88842 жыл бұрын

    what should i do if there's no regular payment given?

  • @swadhin1450
    @swadhin14504 жыл бұрын

    Log1.004 = .0017 And Log .84= .09243 Is it right?

  • @steve6631
    @steve66314 жыл бұрын

    Why is your "R" a positive $250 ? If you borrowed a positive $10,000 , shouldn't your payment be a negative -$250? Thanks.

  • @droppingpearl

    @droppingpearl

    2 жыл бұрын

    Coz hes calculating Present Value and Not Future Value.

  • @steve6631

    @steve6631

    2 жыл бұрын

    @@droppingpearl i appreciate the response, but I believe he is solving for the number of months to pay off the loan. You can't receive a positive 100,000 and then continue to receive a positive 250 every month. If a bank loans you positive 100k, your payments to the bank would be a negative 250 until the loan is paid off in X number of months. I run these calculations with excel and financial calculators all the time....but admittedly I am not nearly as good with the equations... which is why I was wondering why it is a positive 250 in the equation, when the cash flow is most certainly negative.

  • @anlsonmez938
    @anlsonmez9384 жыл бұрын

    How did you find 3 years 8 months You found 3,6

  • @minutemike3052

    @minutemike3052

    4 жыл бұрын

    I know I'm late, but for anyone with the same question: 3.666 years ≠ 3 years 6 months because there are 12 months in a year (whereas decimals work in increments of 10), so you must multiply the 0.666 by 12 to convert it into months in a year. The answer is 7.992, which is then rounded up to 8 months.

  • @kimora789

    @kimora789

    3 жыл бұрын

    @@minutemike3052 what if it doesn’t have a repeating decimal?

  • @Bowlofpoodles684
    @Bowlofpoodles6849 ай бұрын

    How did 3 years and 8 months come from 3.6 ?

  • @MathematicsTutor

    @MathematicsTutor

    9 ай бұрын

    it is 3.666. 0.666 is more than 7 months

  • @cindylepatan111
    @cindylepatan1113 жыл бұрын

    Thank you! Can I ask where "6666x12" came from? 5:31

  • @watermelon2223
    @watermelon22239 ай бұрын

    did not work

  • @omswarup5107
    @omswarup51074 жыл бұрын

    Why did you take 1200 ?

  • @MathematicsTutor

    @MathematicsTutor

    4 жыл бұрын

    12 for 12 months in a year as it is compounded monthly, 100 for percent. Hope that helps. Thanks

  • @omswarup5107

    @omswarup5107

    4 жыл бұрын

    @@MathematicsTutor thank you so much Sir . I'm in B.Com final year, and i have lots of doubt sir . How can I approach you Sir

  • @MathematicsTutor

    @MathematicsTutor

    4 жыл бұрын

    @@omswarup5107 You can join our WhatsUp group where a team is there to answer. Here is the link. Free Help in Math. Join our WhatsUp Group: chat.whatsapp.com/K4aSzPivDP4Kp9chJ8HyNl Thanks

  • @omswarup5107

    @omswarup5107

    4 жыл бұрын

    @@MathematicsTutor Thank you Sir, I joined it .

  • @abrahamruiz8693
    @abrahamruiz86933 жыл бұрын

    Makes no sense

  • @vishalsingh2396
    @vishalsingh23962 жыл бұрын

    Bakwas