Asked by Anonymous

Find the future value of an annuity when payment is $4000.00 annually, interest is 0.5% compounded annually and he term is 5 years.
Answered by Anonymous
Find the future value of an annuity when payment is $4000.00 annually, interest is 10.5% compounded annually and he term is 5 years.
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Answered by Reiny
amount = 4000( 1.105^5 - 1)/.105
= ...
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