Question
1) Determine the amount of the ordinary annuity at the end of the given period. (See Example 3. Round your final answer to two decimal
1) Determine the amount of the ordinary annuity at the end of the given period. (See Example 3. Round your final answer to two decimal places.) $18,000 deposited annually at 9% for 15 years ?
2) Determine the amount of the ordinary annuity at the end of the given period. (Round your final answer to two decimal places.) $600 deposited quarterly at 6.4% for 6 years?
3) The amount (future value) of an ordinary annuity is given. Find the periodic payment. (Round your final answer to two decimal places.) A = $16,500, and the annuity earns 8% annual interest compounded monthly for 10 years. ?
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