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Author Question: To pay for her college education, Gina is saving $2,000 at the beginning of each year for the next ... (Read 69 times)

jho37

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on: Apr 25, 2021

Question 1

The future value of an ordinary annuity of $1,000 each year for 10 years, deposited at 3 percent, is (Round to the nearest whole dollar)
◦ $11,808.
◦ $11,464.
◦ $8,530.
◦ $10,000.

Question 2

To pay for her college education, Gina is saving $2,000 at the beginning of each year for the next eight years in a bank account paying 12 percent interest. How much will Gina have in that account at the end of 8th year? (Round up to the nearest whole dollar amount)
◦ $16,000
◦ $17,920
◦ $24,600
◦ $27,552
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
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Marked as best answer by jho37 on Apr 25, 2021

frogdreck123456

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Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jho37

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Reply 2 on: Apr 25, 2021
:D TYSM

lindahyatt42

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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