Question: I need formaula to find present value of annuity without using calculator or excel.? 

Answer: PV = pmt/i ( 1+ 1/ (1+i)^n )\n\nPmt - monthly pmt\n\nI - interest rate\n\nn - no. of year.\n\nassumed that pmt is made at the end of year.
This question from the Yahoo Q&A forum is categorized in the topic: Family & Relationships