4. Ordinary Simple Annuities: The Basics
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This short course is a comprehensive guide to solving all sorts of ordinary simple annuity problems. I will provide you with a neat comprehensive set of notes for all of the examples. You will develop a sense of confidence as you progress through these problems from the simplest ones to more complex problems. They will all be reduced into smaller components that look just like the simplest problems.
You will also be instructed on the use of the built-in functions for the BA II Plus financial calculator which will be a great time saver to you (provided you understand the basics). This course will take you about 3-4 days to complete with about 2 hours spent on each section.
You will also be able to test your understanding of the material with quizzes that are provided at the end of each section.
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|Section 1: Ordinary Simple Annuities and Future Value Calculations|
|Lecture 1||7 pages|
These notes should be printed prior to viewing the video lessons.
this video is the introduction to the first lecture on ordinary simple annuities and includes example 1
Future Value - example 2
Future Value - example 3Preview
Future Value - example 4
We summarize what the future value formula gives us.
|Section 2: The Present Value Formula and Calculations|
Present Value: WORKBOOK and video notesPreview
ordinary simple annuities: Present Value - example 1Preview
Present Value - example 2
Present Value - example 3
|Section 3: How to Solve for the Payment Size in an Annuity|
Solving for the Payment Size - WORKBOOK and video notes
ordinary simple annuities: Solve for Payment - example 1Preview
Solve for Payment - example 2
Solve for Payment - example 3
Solve for Payment - example 4
solve for the payment
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.