Question
Future value of an ordinary annuity. Fill in the missing future values in the following table for an ordinary annuity. Number of Payments or Years
Future value of an ordinary annuity. Fill in the missing future values in the following table for an ordinary annuity.
| Number of Payments or Years | Annual Interest Rate | Present Value | Annuity | Future Value |
| ||||||||||||||
| 88 | 1010% | 00 | $198.76198.76 | ? | |||||||||||||||
| 1616 | 1717% | 00 | $1 comma 292.651,292.65 | ? | |||||||||||||||
| 2727 | 4.54.5% | 00 | $689.76689.76 | ? | |||||||||||||||
| 280280 | 1.11.1% | 00 | $480.78480.78 | ? | |||||||||||||||
| Number of Payments or Years | Annual Interest Rate | Present Value | Annuity | Future Value | ||||
| 88 | 1010% | 00 | $198.76198.76 | $nothing (Round to the nearest cent.) | ||||
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The Bank Analysts Handbook Money Risk And Conjuring Tricks
Authors: Stephen M. Frost
1st Edition
0470091185, 978-0470091180
