Introduction to Annuities

[Sayyna__]

This was really helpful!! Applying formulas/ using annuity tables is a straightforward process but knowing how the formula was developed is where true understanding lies..thank you!

[Call_me_proto]

Bro can you apply for a job at my school. I understood this in 13 mins and my teacher fumbled through this for 3 hours lol, thank god for YouTube.

[gstinge]

Awesome !!! the way you explained by giving real life example was not infomative but enjoyed in learning as well

[profderek]

Last year, I made a property sale and had over $1 million in proceeds. I allocated $400k to index annuities and put the rest in the trending High Frequency Trading style. So far I've more than doubled the annuity premium from the stock market and sure enough will not need an annuity for the rest of my life. However I won't discredit annuities in any way, they buy you peace of mind but then a lot of people buy them out of fear of what's yet unknown even when it's not the best decision for them. If you need growth, try other stuffs. Annuities should be a backup plan, just like an insurance. Concepts like HFT/ algo trading and diversification of assets can be of great help for growth oriented individuals while still retaining control of your money. My two cents

[mathewdsouza]

Excellent presentation. You are a great teacher. Well appreciated.

[jodifrye]

This is awesome, thank you!
For anyone trying to input this into a financial calculator:
N=6
i=8
PV=0
PMT=1500
Press FV to solve to get 11, 003.89
It may result in a negative solution - ignore that in this case.

[AeromanAaron]

Really a great video. Everything is given in a clear way. Thank you so much.

[oswaldfabriceekoeomboli]

The best explanatory notes on earth thank you so much

[dreamysleepyzzz]

Men, i got to say this!

you made the world math and education much more effective!!!! i love this videos!!

thanks a lot for you, after all the complex things i had heard in schools lol

one thing i have to point out of the grateful in this videos is that, i "understand" the equation and not by memarsing it! and that problem has been driving me crazyyy, im the kind of person who need to and have to understand what im doing, until it i cant do it well, and thats why school suck sometimes...

anyway, thank you so so so much!!

[kunalamin]

Very nice presentation. Even prek student can also easily understand this.

[leenmaher]

life saver !! I almost gave up before coming across your video
i finally understood thank you so much !!

[cnwil]

Business, finance, and accounting majors should know this👍

[matttheradartechnician]

I am starting my Exam FM studying 4 months early with no knowledge. Video helped alot :)

[AngelBrownie-enzk]

I appreciate your teaching my exam preparation process has now been made Easter

[achiniekanayake]

Thank u so much.. it was very helpful for me.amazing explanation.from srilanka 🇱🇰 🇱🇰 🇱🇰 🇱🇰

[irenadong]

Hi I just wanna say thx for the video which reminds me of the formula I should learn And It clearly explain the mathematic process Thanks

[miohiguchi]

Thank you! I have a test tomorrow and this really helped

[sharannandakumar]

Brow if the question didn’t mention end or beginning of the year, then how we going to determine whether it is ordinary annuity or annuity due?

[ninapeate]

this could have been done in a much simpler way, the formula would be: C((1+r)^t -1/r) where C stands for the amount paid each period, R stands for the rate.

[notme]

Thank you so much, you explain really well.