Question
If you start making $230 montly contributions today and continue them for five years, what's their future value if the compounding rate is 9.25 percent
If you start making $230 montly contributions today and continue them for five years, what's their future value if the compounding rate is 9.25 percent APR? (round your final answer to 2 decimal places.)
Future value annuity $______________
What is the present value of this annuity? (Round your final answer to 2 decimal places.)
Present value annuity $______________
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Illustrating Finance Policy With Mathematica
Authors: Nicholas L. Georgakopoulos
1st Edition
3319953710, 978-3319953717
