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HBO and The Ringer's Bill Simmons hosts the most downloaded sports podcast of all time, with a rotating crew of celebrities, athletes, and media staples, as well as mainstays like Cousin Sal, Joe House, and a slew of other friends and family members who always happen to be suspiciously available.
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In this episode, we unpack two important concepts in financial mathematics: the present value and future value of an annuity. If you've ever struggled to understand the difference or how to apply the formulas correctly, this lesson is for you.
What you'll learn:
The key differences between present and future value
When and how to use each formula
Step-by-step guidance on calculating the future value of an annuity
Common mistakes students make and how to avoid them
This episode is ideal for high school and university students preparing for exams or anyone needing a clearer understanding of annuity calculations.
Brought to you by Simplified RSA.
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