what is the Conversion of simple
annuity?​


Sagot :

Answer:

Present Value of an Annuity Due Example

Recall that with an ordinary annuity, the investor receives the payment at the end of the time period. ... The formula for an annuity due is as follows: Present Value of Annuity Due = PMT + PMT x ((1 - (1 + r) ^ -(n-1) / r)

Step-by-step explanation:

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