11.1 Chapter Eleven: Learning Outcomes
Learning Outcomes
In this chapter, you will:
- Derive the additive nature of Annuities.
- Calculate both Future- and Present-Value Annuity dollar values, using a simple calculator and Annuity Tables.
- Adjust Ordinary Annuity factors to Annuities Due.
- Relate the Law of Limits to Perpetuities.
- Provide the numerical analysis of No-Growth and Constant Growth Perpetuities, and Mortgages.
- Determine the total amount of interest paid on a mortgage over time in comparison to the principal originally borrowed.