Annuity-immediate
a
n
ˉ
∣
i
:
a_{\bar{n} | i}:
anˉ∣i:(read a-angle-n at i) represents the present value of an annuity-immediate, which is a series of unit
payments at the end of each year for years (in other words: the value one period before the first of n
payments). This value is obtained from:
a
n
ˉ
∣
i
=
v
+
v
2
+
⋯
+
v
n
=
1
−
v
n
i
a_{\bar{n} | i}=v+v^{2}+\cdots+v^{n}=\frac{1-v^{n}}{i}
anˉ∣i=v+v2+⋯+vn=i1−vn