What are Drop & Balloon Payments?
Feb 22, 2024Hi there!
Today I have a new financial mathematics video for you about drop and balloon payments!
In this video you will learn:
- What drop and balloon payments are as they relate to FM problems
- How to find the PV or FV of a series of payments involving a drop or balloon payment
- How to solve a tricky example FM problem involving both a drop and balloon payment
This is a minor topic I previously had not covered explicitly with a video, so if you have watched many of my other FM videos, then this "mini lesson" is a must watch!
Enjoy!
-Josh
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