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Author Question: What is the future value of a 5-year ordinary annuity with annual payments of $200, evaluated at a ... (Read 40 times)

sabina

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on: Apr 25, 2021

Question 1

Tony plans to deposit $1,000 at the end of each of the next three years. If his funds earn 5% compounded annually, how much will he have at the end of three years?
◦ $3,150.00
◦ $3,175.50
◦ $3,152.50
◦ $3,500.00
◦ $4,310.10

Question 2

What is the future value of a 5-year ordinary annuity with annual payments of $200, evaluated at a 15% interest rate?
◦ $670.44
◦ $842.91
◦ $1,169.56
◦ $1,522.64
◦ $1,348.48
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Marked as best answer by sabina on Apr 25, 2021

whitcassie

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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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sabina

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Reply 2 on: Apr 25, 2021
Great answer, keep it coming :)

adammoses97

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

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