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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)
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|Section 1: Introduction to General Annuities|
Workbook and Video Notes
Review of the Annuity Formulas for Future Value and Present ValuePreview
Example 4 solve for the payment
Example 5 solve for n
Example 7 solve for the rate
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.