Present value of annuity
Present value of annuity, PVAN is the present value of an annuity of N periods.
Definitions
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Present value of annuity, PVAN. The present value of an annuity of N periods.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
