Question
for each of the following annuities, calculate the future value Annual payment 1,900 for 10 years at 8% Annual payment 6,000 for 40 years at
for each of the following annuities, calculate the future value
Annual payment 1,900 for 10 years at 8%
Annual payment 6,000 for 40 years at 9%
Annual payment 2,950 for 9 years at 6%
Annual payment 6,400 for 30 years at 10%
can you explain the formula please
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Basic Finance An Introduction To Financial Institutions, Investments, And Management
Authors: Herbert B. Mayo
12th Edition
1337691011, 978-1337691017
