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Find the future value of an ordinary annuity if payments are made in the amount R and interest is compounded as given. Then determine how
Find the future value of an ordinary annuity if payments are made in the amount R and interest is compounded as given. Then determine how much of this value is from contributions and how much is from interest
R=9200, 6% interest compounded semiannually for 7 years.
The future value of the ordinary annuity is $____?
Round to the nearest cent as needed
The amount from contributions is $___? and the amount from interest is $___?
Round to the nearest cent as needed
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