Future value of an annuity


Problem:

Question: What is the future value of a $1,000 annuity payment over 4 years if the interest rates are 8 percent?

  • $3,312.10
  • $4,506.11
  • $9,214.20
  • $4,320.00

Note: Be sure to show how you arrived at your answer.

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Future value of an annuity
Reference No:- TGS0890853

Expected delivery within 24 Hours