PV of annuity?

CFA Level I
#1

which session discussed the PV or annuity? Are we supposed to calculate it? It’s a terrible big formula.

#2

Reading 5 I believe…whichever was time value of money And your calculator should be able to do it for you

#3

thanks,

#4

yes, it is on the test and the HP12c makes it easy. Be careful with those 2- or 3 step TVM questions