Annuities Due
Tags: #EconomicsEquation
$$S = R \times \frac{(1+i)^(n+1) - 1}{i} - R$$Latex Code
S = R \times \frac{(1+i)^(n+1) - 1}{i} - R
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Introduction
Equation
Latex Code
S = R \times \frac{(1+i)^(n+1) - 1}{i} - R
Explanation
Latex code for the Future Value of Annuities Due. I will briefly introduce the notations in this formulation. The payment/deposit is at the BEGINNING of the period
: Future Value/Total amount accrued
: Payment/Deposit made in each period
: Rate per period
: Total number of times compounded
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