Question
If you start making $210 monthly contributions today and continue them for five years, whats their future value if the compounding rate is 9.75 percent
If you start making $210 monthly contributions today and continue them for five years, whats their future value if the compounding rate is 9.75 percent APR?
A. (Do not round intermediate calculations. Round your final answer to 2 decimal places.)
Future value annuity $
B. What is the present value of this annuity? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)
Present value annuity $
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Guardians Of Finance
Authors: James R. Barth, Gerard Caprio, Ross Levine
1st Edition
0262526840, 978-0262526845
