Present Value of Ordinary Annuity and Annuity Due. Examples

In this session, I explain the present value of ordinary annuity and annuity due.
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[@loicdragnel]

Thank you so much for this video. I have a question prof. Why did you said the credit card balance at 2% was not recommended because it’s expensive. How is it expensive ? I’d like to know the concept behind it please

[@aussie7137]

so, for the present value obligation example.. would the present value of 25,274 be the amount i borrowed and need to pay back with interest ect?

[@aussie7137]

12:40 on calculator?