Hi,
Annuity factor in my corporate finance books is like
AF = (1+K)^N-1/K(k+1)^N
and on websites it is showing as
AF = 1-(1+r)^-N/r
Just like R & K denote the discount rate, do both the formulae mean the same?
I did calculations on pen and 1st formula gives 1.73.10, 2nd value gives 1.73
I checked PVAF table its 1.73, I used online PVIFA calculator its 1.73
r=10% and t=2years
Txs.
Great
Malhotra Rajesh & Associates
New Delhi
B.Com
View Details
HKC | Chartered Accountants & Business Advisors
Ludhiana
CA
View Details
S.B.G. & CO. CHARTERED ACCOUNTANTS
New Delhi
CA Inter
View Details
CCI
Pro
CAclubindia
