Question
amount annuity $10,000 Interest Rate 11% Deposit year 7 Calculate the future value of the annuity, assuming it is (1) ordinary annuity (2) annuity due
amount annuity $10,000
Interest Rate 11%
Deposit year 7
Calculate the future value of the annuity, assuming it is (1) ordinary annuity (2) annuity due b compare your findings in parts a(1) and a (2) all else being identical
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Practical financial management
Authors: William r. Lasher
5th Edition
0324422636, 978-0324422634
