Solved: What is the future value in 27 years of an ordinary annuity, Finance Basics

+44 141 628 6080
[email protected]

What is the future value in 27 years of an ordinary annuity

Please confirm calculation:

What is the future value in 27 years of an ordinary annuity cash flow of $704 every quarter of a year at the end of a period, at an annual interest rate of 8.89 percent per year, compounded quarterly

=FV(8.89%/4,27*4,0,-704,0) = 7,561.26

Solution Preview :

Prepared by a verified Expert

Finance Basics: What is the future value in 27 years of an ordinary annuity

Reference No:- TGS02635798

Now Priced at $10 (50% Discount)

Recommended (96%)

Rated (4.8/5)

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Asked Questions

Why you feel unpleasantly hot and sweaty

Working in the yard, you feel unpleasantly hot and sweaty when you come in the house, so you take a shower and begin to feel better.

Outline a social issue that is important to you

Outline a social issue that is important to you. Describe why it is important to you, why it is important from a societal perspective and how you think

Problem on journal articles and non-journal materials

Amanda said? Excellent post, Chrystal. You provided great insight into the helpful resource ERIC digital library is. I appreciate how it states the information

Review a social, behavioral, or cultural factor

Bearing in mind that there may be several, choose a social, behavioral, or cultural factor associated with your selected domestic violence

How teenagers in an impoverished urban area spend their time

The purpose is to examine the psychological factors affecting how teenagers in an impoverished urban area spend their time outside of school using:

Problem regarding the america youth and social media

Think about where you were the most and least engaged when reading a classmate's draft. Think about what captured your attention

Discuss three ethical guidelines that are important

Identify and discuss three ethical guidelines that are important to consider when designing an 8-week group for adolescents who are referred

Solution Preview :

Prepared by a verified Expert

Finance Basics: What is the future value in 27 years of an ordinary annuity

Reference No:- TGS02635798

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

Q : This framework demonstrates the combination of content

Q : During 2011 the actual machine-hours totaled 94000 and

Q : How much can you borrow from e-loan what is the total

Q : Discussion of the heredity patterns discovered evaluate the

Q : What is the future value in 27 years of an ordinary annuity

Q : Critically analysis the toys r us existing marketing

Q : Neffer services inc leases access to high-speed computers

Q : Jiminy cricket removal has a profit margin of 9 percent

Q : Write a paper on a currently nonexistent non-profit