If you start making $50 monthly contributions today and continue them for five years, whats their future value if the compounding rate is 10 percent APR What is the present value of this annuity ...

Compute the future value using equation 52 Compute the ...

If you start making $50 monthly contributions today and continue them for five years, whats their future

Question:

If you start making $50 monthly contributions today and continue them for five years, what’s their if the rate is 10 percent APR? What is the present value of this annuity? Compounding
Compounding is the process in which an asset's earnings, from either capital gains or interest, are reinvested to generate additional earnings over time. This growth, calculated using exponential functions, occurs because the investment will... Future Value
Future value (FV) is the value of a current asset at a future date based on an assumed rate of growth. The future value (FV) is important to investors and financial planners as they use it to estimate how much an investment made today will be worth...