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17-03-2022
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When calculating (FV) Future Value of an annuity it is important to set the payment (PMT) to a __________ value.

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adefioyelaoye adefioyelaoye

22-03-2022

Future Value of an annuity is calculated by setting the payment (PMT) to an equal value.

What is Future value of an annuity?

This can be defined as the total value of a series of recurring payments at a specified date in the future.

Since it involves recurring payment at a fixed price, then the payment must be set to an equal value.

Read more about Future Value of an annuity here https://brainly.com/question/5303391

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