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BUILT-IN MATHEMATICA SYMBOL
AnnuityDue
AnnuityDue[p, t]
represents an annuity due of fixed payments p made over t periods.
AnnuityDue[p, t, q]
represents a series of payments occurring at time intervals q.
AnnuityDue[{p, {pinitial, pfinal}}, t, q]
represents an annuity due with the specified initial and final payments.
Details
- AnnuityDue objects are similar to Annuity objects with the exception that payments occurs at the beginning of periods rather than the end.
- AnnuityDue uses the same syntax and arguments as Annuity.
- AnnuityDue is used with TimeValue in the same way as Annuity.
- In AnnuityDue[p, t], payments are assumed to occur at times
. - In AnnuityDue[p, t, q], payments occur at times
. - AnnuityDue[p, Infinity, ...] represents a perpetuity due where payments start at time 0.
Examplesopen all
Basic Examples (3)
Present value of an annuity due of 10 payments of $1000 at 6% effective interest:
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Future value of an annuity due of 5 payments of $1000 at 8% nominal interest compounded quarterly:
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Future value of a 10-period annuity due with payments occurring twice per period:
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