PV Annuity DUE USE BEG MODE!!!!! (2 Methods) Ch. 5.4,”Method 1:All we need to do is find the present value of the other payments using the ordinary annuity method and then simply add in the first payment. Using your financial calculator (after setting it up), the keystrokes will be:-1000 PMT8 I / Yr2 NSolve: PVpmts 2 and 3 = $1,783.26Annuity due = $1,783.26 + $1,000 = $2,783.26Method 2:Enter Begin Mode (Figure 5-2).-1000 PMT8 I / Yr3 NSolve: PVannuity due = $2

PV Annuity DUE USE BEG MODE!!!!! (2 Methods) Ch. 5.4,”Method 1:All we need to do is find the present value of the other payments using the ordinary annuity method and then simply add in the first payment. Using your financial calculator (after setting it up), the keystrokes will be:-1000 PMT8 I / Yr2 NSolve: PVpmts 2 and 3 = $1,783.26Annuity due = $1,783.26 + $1,000 = $2,783.26Method 2:Enter Begin Mode (Figure 5-2).-1000 PMT8 I / Yr3 NSolve: PVannuity due = $2

783.26****Be sure to reset to END MODE as most annuity questions are ordinary annuity questions!!!!”