General Annuities
This video explains the concept of a general annuity and shows an example of how to compute the future value of a general annuity. We show how to use a scientific calculator to achieve this goal. The calculator used here is the Sharp 520. We show how to calculate the value of the periodic payment and how to store this value in the calculator's memory. Later, we show how to recall this number from the memory to use it in the future value formula.