Question
If you start making $215 monthly contributions today and continue them for four years, what is their future value if the compounding rate is 11.75
If you start making $215 monthly contributions today and continue them for four years, what is their future value if the compounding rate is 11.75 percent APR? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Future value annuity $_____
What is the present value of this annuity? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Present Value Annuity $____
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Finance Applications and Theory
Authors: Marcia Cornett, Troy Adair
3rd edition
1259252221, 007786168X, 9781259252228, 978-0077861681
