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In order to calculate the price to pay in this situation, we can use the present value of annuity due formula. However, if we want to calculate the remaining balance after saving interest for 5 years in the account and we decided to pay the first installment today, in this case, the future value of an annuity is used. Therefore, the formula for the future value of an annuity due refers to the value on a specific future date of a series of periodic payments, where each payment is made at the beginning of a period. Such a stream of payments is a common characteristic of payments made to the beneficiary of a pension plan .
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Firstly you have to register with a stockbtoker .But first check if the stock broker is registered with the local Stock exchange. Registration is probably free of charge. Once you register you can buy or sell stock.You will be charged the broker fees and all other taxes.You will get a statement from the stock broker very often.
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