Z9ZIZNPPMBANIYN ****************** ANNUDEF ******************-;@,;@,-@@ 9 +6 $ԠŠƠĠ9 )) !AN ANNUITY IS A SEQUENCE OF EQUAL++ #PAYMENTS MADE AT EQUAL INTERVALS OF** "OF TIME. A DEFERRED ANNUITY IS AN ++ #ANNUITY FOR WHICH THE FIRST PAYMENT,, $IS NOT MADE UNTIL SOME FIXED TIME IN -- %THE FUTURE. THIS PROGRAM WILL COMPUTE#'' THE PRESENT VALUE OF A DEFERRED%'' ANNUITY GIVEN THE AMOUNT OF THE(** "INDIVIDUAL PAYMENTS, THE NUMBER OF*-- %PAYMENTS, THE INTEREST RATE, AND THE --- %TIME THE ANNUITY BEGINS. IF DESIRED, /%% A LAST EXTRA BALLOON PAYMENT 2++ #COINCINDING WITH BUT IN ADDITION TO4++ #THE LAST PAYMENT MAY BE CONSIDERED.Z% ! PRESS TO BEGIN%d +O K ?IS INTEREST RATE QUOTED PER PERIOD(P) OR ANNUALLY(A)O,0P*0A"  Ԡҡ, AUG AX4A 9 NUMBER OF PAYMENTS PER YEAR=G B [ A`4AM 2NUMBER OF YEARS INTO FUTURE UNTIL 1ST PAYMENTQ[ Bx A0 A0}6-'ACC6-$+@',$+@&+@%,#+6,,%$+@%,#+6,6-$+@%,#+6, AP INPUT SUBROUTINE . +. ENTER EACH OF THE FOLLOWING:   E A0P4A7 ANNUAL INTEREST RATE(%) :;E B - 4A6-'#6-$&@- A0p 3% INTEREST RATE PER PERIOD(%):)3 B c A0eU B# OF PERIODS INTO THE FUTURE UNTIL 1ST PAYMENT :Yc B 6-&@ = A0p/ TOTAL NUMBER OF PAYMENTS :3= B $ = A0/ ENTER REGULAR PAYMENT :3= B = A0/ BALLOON PAYMENT :3= B $PRINTOUT +$$6-P:A$%?P,'A"" PRESENT VALUE = "" NUMBER OF PAYMENTS = / 4A/  CONSISTING OF  PMTS/YEAR> 4A4 ANNUAL INT RATE = A$$> APP** INT. RATE PER PERIOD = A$@@ PAYMENTS BEGIN %@ PERIODS INTO THE FUTUREH 0A APG'6-+%@,'H6-P:A$%?P,'A1 4A1 THIS IS  YEARS IN THE FUTURE"" PAYMENT = .. BALLOON PAYMENT =  " PRESS FOR MORE"p A D:ANNUDEF.BAS