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Homework 2D Finc 330 FV and PV of Ordinary Annuity Annually What is the accumulated sum of the following stream of payments? $2,548 every year

Homework 2D Finc 330

FV and PV of Ordinary Annuity Annually

What is the accumulated sum of the following stream of payments? $2,548 every year at the end of the year for 5 years at 9.94 percent, compounded annually.

Round the answer to two decimal places.

Please show work, again the formulas is my main issue with this class. Thank you!

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