Description

Uneven Cash Flows

Annuity Payments

Debbie has been donating $10\%$ of her salary at the end of every year to charity for the last three years. Her salary increased by $15\%$ every year in the last three years.

You deposit a certain equal amount of money every year into your pension fund.

Amit receives quarterly dividends from his investment in a high$-$dividend yield, index exchange$$traded fund.

Aakash borrowed some money from his friend to start a new business. He promises to pay his friend $$2,650$ every year for the next five years to pay off his loan along with interest.