7. General Annuities

Learn how to use the ordinary simple annuities formulas to handle general annuities with one little step.
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  • Lectures 10
  • Length 1 hour
  • Skill Level All Levels
  • Languages English
  • Includes Lifetime access
    30 day money back guarantee!
    Available on iOS and Android
    Certificate of Completion
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About This Course

Published 2/2014 English

Course Description

In this course, you will solve all sorts of general annuity problems. A general annuity is an annuity where the payments do not coincide with the interest periods. You will be able to see that it is very easy to deal with general annuities once an equivalent interest rate is determined with that equivalent rate being compounded as often as the payments are made.

With this course, you will be able to download a complete set of notes which can be used when viewing the video lectures and examples. The course will take you 3-4 days to complete although this time may vary among different students.

Any student who is taking a business program or a mathematics of finance course will be interested in this course.

It would be beneficial to have a thorough understanding of Ordinary Simple Annuities prior to registering for this course. ( ordinary simple annuities)


What are the requirements?

  • a scientific calculator with exponent function and logarithms or a Business Financial calculator
  • an understanding of how basic annuities work and compound interest
  • a curiosity for solving mathematics of finance problems

What am I going to get from this course?

  • by the end of this course you will be able to determine the future value and present value of general annuities
  • you will be able to determine the payment size of a general annuity when given either the future value or the present value
  • you will be able to determine the number of general annuity payments required to have one of either a future value or a present value
  • you will be able to determine the interest rate for a general annuity

What is the target audience?

  • students who are in a Business Program at college or university
  • CFA students
  • students who are taking a math of finance course
  • anybody who is interested in personal finances

What you get with this course?

Not for you? No problem.
30 day money back guarantee.

Forever yours.
Lifetime access.

Learn on the go.
Desktop, iOS and Android.

Get rewarded.
Certificate of completion.

Curriculum

Section 1: Introduction to General Annuities
Workbook and Video Notes
8 pages
Review of the Annuity Formulas for Future Value and Present Value
Preview
03:10
Example 1
Preview
07:08
Example 2
06:07
quiz 1
2 questions
Example 3
06:57
Example 4 solve for the payment
06:44
Example 5 solve for n
07:33
summary
Article
Example 6
08:10
quiz 2
2 questions
Example 7 solve for the rate
14:26
quiz 3
1 question

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Instructor Biography

Helen Dakin, Learning & Development (L&D)

Hi. I hold a 4 year Bachelor of Mathematics degree from the University of Waterloo and a B Ed (Honours) from the University of Western Ontario. While I have been trained as a high school mathematics educator, I have had the pleasure of teaching mathematics at the post secondary level for four community colleges in southern Ontario. When I am not teaching, I like to fool around with my camera, muck about in my garden, read a good book and sail around in my boat. Not necessarily in that order. Browse through all of my Udemy courses on Mathematics of Finance.

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