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This Video is Part 1 of a series of videos on Annuities. This tutorial focuses on the topic of Ordinary Annuities/Annuity of the subject known as Engineering Economics. An Annuity is a series of equal periodic payments which can take form in 4 types: 1. Ordinary Annuity - annuities where payments are made in the end of every period whereby the first payment falls on the first period. 2. Annuity Due - annuities where payments are made at the beginning of every period whereby the first payment falls on the first period. 3. Deferred Annuity - annuities where the first payment will be deferred to a future date. 4. Perpetuity - annuities that lasts forever. An number of problems have also been solved in the video to illustrate the principle of Ordinary Annuities. Annuity/ Annuities/ Ordinary Annuity/ Engineering Economics Annuity/ Annuities/ Ordinary Annuity/ Engineering Economics Annuity/ Annuities/ Ordinary Annuity/ Engineering Economics Annuity/ Annuities/ Ordinary Annuity/ Engineering Economics Annuity/ Annuities/ Ordinary Annuity/ Engineering Economics