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Fill in the missing future values in the following table for an ordinary annuity. Round to the nearest cent. Number of Payments or Years Annual
Fill in the missing future values in the following table for an ordinary annuity. Round to the nearest cent.
| Number of Payments or Years | Annual Interest Rate | Present Value | Annuity | Future Value | ||||
|---|---|---|---|---|---|---|---|---|
| 9 | 7% | 0 | $188.59 | |||||
| 18 | 12% | 0 | $1,399.29 | |||||
| 28 | 4% | 0 | $707.38 | |||||
| 340 | 0.7% | 0 | $421.77 | |||||
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Step: 1
To fill in the missing future values in the table we can use the future value formula ...
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Calculus Of A Single Variable
Authors: Ron Larson, Bruce H. Edwards
11th Edition
978-1337275361, 9781337275361
