I am just surprised that 8-year-old youtube video explanation is better than the explanation of my 2023 college professors I had no clue what annuity is or present value
@emiliaisabelavalosflores19372 жыл бұрын
amazing professor! Everything seems so simple and easy with him. You saved my life!
@aufadedicated46334 жыл бұрын
you're my hero, omg. when ma lecturer given a bunch of ppt to self study. again, thanks!
@minkmandex81153 жыл бұрын
wow! just......wow! that simple... you Sir are a hero!
@bradcasper48237 ай бұрын
Amazing courses. It's impossible to find such content on other KZfaq channels.
@michaelfulkerson24867 ай бұрын
Thank you so much. I'm glad you're learning!
@johnnybravo30103 жыл бұрын
#1 KZfaqr
@TheMunchiesShowOfficial Жыл бұрын
what a great explanation
@johnmunyaka36574 жыл бұрын
superb work there
@studywithtarunbhatia4623 жыл бұрын
Thanks a lot to you for solving my confusion
@studywithtarunbhatia4623 жыл бұрын
Sir I am from India, where are you from?
@nalunatchyrenemae83393 жыл бұрын
I'd like to ask if when would you use the formula for present value and future vavlue in annuity?? I get confused how to apply those formulas of which one should be used
@miguelsalazar88513 жыл бұрын
yesss
@awesomelord25364 жыл бұрын
Better than my prof!!
@tangulochris10226 жыл бұрын
Very helpful. Thanks alot
@pbt77747 жыл бұрын
great video thanks for the lesson
@joeyhuang68306 жыл бұрын
your lession is awsome!
@naptalee19245 жыл бұрын
Thank you
@jaskarangrewal13536 жыл бұрын
Great work
@joeniler54356 жыл бұрын
Great lesson actually 📖
@ammaaaar Жыл бұрын
❤
@kirimievans38705 жыл бұрын
Thanks
@vivekkumar-py6kp5 жыл бұрын
If present value is less than $5000 what is the point of annuity????why would one choose annuity???
@michaelfulkerson24865 жыл бұрын
Hi Vivek. That's a good question. The reason to use an annuity in that case is because most people don't have all of the money ($5000) right at the start... if they did, then you are correct that it would be best for them to invest it all right away. Usually, though, people get a paycheck each month (or week or year, etc), and they invest their money accordingly over monthly (or weekly or yearly) intervals. Does that make sense?
@vivekkumar-py6kp5 жыл бұрын
@@michaelfulkerson2486 Thankyou.I had one more question why future worth of each annuity is calculated separately .If you pay 500$ at the end of year then at the end of second year amount should be $500(new annuity)+500(1+i)^1 why it is calculated separately like 500(i+1)^5+500(i+1)^4+....?????
@carljustinemosquida96145 жыл бұрын
Thanks for this
@cassandral4454 жыл бұрын
Why is n 10 and in the previous video I watched Welcome to Annuities n is 5, but there were 6 payments ? Why wouldnt this be 9 payments since it is at the end of the year?
@cassandral4454 жыл бұрын
* Introduction to Annuities
@michaelfulkerson24864 жыл бұрын
It's because there will also be a payment at the end of the 10th year, too. So the 1st payment will be at the end of the 1st year (and it will have 9 years to grow), the 2nd payment will be at the end of the 2nd year (and it will have 8 years to grow, etc, until finally the 10th payment will be at the end of the 10th year (and it will have 0 years to grow; i.e. it won't grow at all). I hope that makes sense!
@tadepalliraghavasai76944 жыл бұрын
@@michaelfulkerson2486 sir this is ok but still I think as you said in the previous video in the introduction one where we took 5 years , here also instead of 10 , 9 would be appropriate. As you said in 10th years it's not growing so why do we need to consider that cash flow since it is not compounding. Clarify again please
@michaelfulkerson2486 Жыл бұрын
@@tadepalliraghavasai7694 Notice in the previous video, that we ultimately used 6 (instead of 5) in the final formula.
@saniahashmi88402 жыл бұрын
Why the pv is lesser when we invest it in a lump sum
@jhunnegienne23625 жыл бұрын
Is it logical to deposit the last 500 USD or the number tenth deposit? This is the time when you look for future amount of Money?
@eztech38206 жыл бұрын
Thanks ♥
@MultiUnique20105 жыл бұрын
Thanks a lot...
@Thegoodlifebruh5 жыл бұрын
will this mean that the ROI is higher if you deposit the lump sum today?
@pamelamisheva7035 Жыл бұрын
I don't understand how to put the formula on the calculator.
@michaelfulkerson2486 Жыл бұрын
Yeah, it's a little tricky. The main thing is to use the parentheses correctly.