Present Value of an Annuity Formula Incremental Calculator

Instructions: Use the incremental calculator to study the individual steps in the process of solving for the Present Value of Annuity formula. Once you understand each step move on to the next calculator and try it yourself.

P = R [ (1-(1+i)-n)/ i]

Enter your own values into the boxes or press new example for computer generated numbers of an example:
R =   r =   m =   t =
To use as a quiz, try to evaluate the expresions yourself and then check your answer.
Calculate:
Step 1: interest per conversion period1+i
Step 2: periods in t years n
Step 3: the number of conversion periods (1+i)-n
Step 4: a angle n at i factor [(1-(1+i)-n)/i]
Step 5:present value R*[(1-(1+i)-n)/i]
Definitions
Calculator
PV of an Annuity Introduction
Chapter 5