Evaluate the future value of an annuity


Problem:

What is the Future Value of an Annuity with $7000 for a period of 15 years at an interest rate of 9% per annum? Is there a difference in Future Value if the payments are due at the beginning and end of the period?

Solution Preview :

Prepared by a verified Expert
Finance Basics: Evaluate the future value of an annuity
Reference No:- TGS02036133

Now Priced at $20 (50% Discount)

Recommended (91%)

Rated (4.3/5)