Future Value and Present Value formulas for annuities

What this note covers

1. What Is an Annuity?
2. The Future Value Formula: Regular Savings
3. The Present Value Formula: Loans and Borrowing
4. Finding the Regular Payment M
5. Identifying Which Formula to Use
6. Extended Worked Example: Superannuation Comparison
7. Calculator Technique and Exam Strategy

7 sections · 12 key terms & formulas · 6 common mistakes