present value of an ordinary annuity definition
The discounted value of a series of equal amounts occurring at the end of each equal time interval.
To learn more, see our Present Value of an Ordinary Annuity Outline.
The discounted value of a series of equal amounts occurring at the end of each equal time interval.
To learn more, see our Present Value of an Ordinary Annuity Outline.
Harold Averkamp (CPA, MBA) has worked as a university accounting instructor, accountant, and consultant for more than 25 years. He is the sole author of all the materials on AccountingCoach.com. Read more about the author.