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1 result for “pension”
Formulae (1)
Actuarial & Insurance
Intermediate
Present Value of an Annuity
P
V
=
P
1
−
(
1
+
r
)
−
n
r
PV = P \frac{1 - (1+r)^{-n}}{r}
P
V
=
P
r
1
−
(
1
+
r
)
−
n
Value today of a stream of future payments.
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