Question
What is the future value of the following annuity? # of periods = 10 Interest rate = 5.25% Compounding times per period = 12 Cash
What is the future value of the following annuity?
# of periods = 10
Interest rate = 5.25%
Compounding times per period = 12
Cash flow (PMT) = 1000
Growth Rate = 3%
# of payments per period = 12
This is an ordinary annuity
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Fundamentals Of Financial Management
Authors: Richard Bulliet, Eugene F Brigham, Brigham/ Houston
11th Edition
1111795207, 9781111795207
