Present value of annuity

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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.

Related lectures

Introduction to Financial Management.

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