Determining the future value of annuity, Finance Basics

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Determining the future value of annuity

Future value of annuity. For each case in the table below answer the following:

Case Amount of annuity Rate Deposit in years
A $2200 6% 10
B 600 12 5
C 20000 10 6
D 12500 10 9
E 5000 12 30

Calculate the future value of the annuity assuming that it is

1. an ordinary annunity

2. an annuity due

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Finance Basics: Determining the future value of annuity

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Finance Basics: Determining the future value of annuity

Reference No:- TGS040839

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

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Request for Solution File

Ask an Expert for Answer!!

Finance Basics: Determining the future value of annuity

Reference No:- TGS040839

Recent Questions Asked Finance Basics

Q : Marginal cost of hospital phase

Q : Which curve would shift as a result of the per-burger tax

Q : Determining market price of bond from face value

Q : Income and substitution effects in context of labor supply

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