question 6

find the future value of an ordinary annuity if payments are made in the amount R and interest is compounded as given. Then determine how much of this value is from contributions and how much is from interest.

R=9,100; 9% interest compounded semiannually for 6 years.

The future value of the ordinary annuity is $__

The amount from contribution is $__ and the amount of interest is $__