What is the future value of a 5-year annuity due that promises to pay you $300 each year? Assume that all paym
-
What is the future value of a 5-year annuity due that promises to pay you $300 each year? Assume that all payments are reinvested at 7 percent a year, until Year 5.
-
Answer:
1845.987 300* [(1 + 0.07)^5 - 1] / 0.07
davidu69 at Yahoo! Answers Visit the source
Related Q & A:
- What is the average weight of a 15 year old boy?Best solution by answers.com
- What are the future prospects of a career in retail?Best solution by bls.gov
- What is The Rough Value Of A Sony VPL-CX6 Projector, And What Was It At First?Best solution by Yahoo! Answers
- What are some games that 4 and 5 year olds can play?Best solution by ChaCha
- What would be the value of a mercury cougar 1995?Best solution by cars.com
Just Added Q & A:
- How many active mobile subscribers are there in China?Best solution by Quora
- How to find the right vacation?Best solution by bookit.com
- How To Make Your Own Primer?Best solution by thekrazycouponlady.com
- How do you get the domain & range?Best solution by ChaCha
- How do you open pop up blockers?Best solution by Yahoo! Answers
For every problem there is a solution! Proved by Solucija.
-
Got an issue and looking for advice?
-
Ask Solucija to search every corner of the Web for help.
-
Get workable solutions and helpful tips in a moment.
Just ask Solucija about an issue you face and immediately get a list of ready solutions, answers and tips from other Internet users. We always provide the most suitable and complete answer to your question at the top, along with a few good alternatives below.