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Calculate the future value of an? annuity, with case A being an ordinary annuity and case...

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Question

Finance

Calculate the future value of an? annuity, with case A being anordinary annuity and case B being an annuity due.??

Case

Annuity

Interest

Rate? (%)

Deposit

Period? (Yrs)

Future

Value? ($)

A

19,000

5

8

B

9,000

9

10

Case

Annuity

Interest

Rate? (%)

Deposit

Period? (Yrs)

Future

Value?

Answer & Explanation Solved by verified expert
3.6 Ratings (565 Votes)
Case A Information provided Annuity 19000 Interest rate 5 Time 8 years Ordinary annuity refers to the annuity that occurs at the end of a period Ordinary annuity is solved with the calculator in the default END mode It is calculated by    See Answer
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Transcribed Image Text

Calculate the future value of an? annuity, with case A being anordinary annuity and case B being an annuity due.??CaseAnnuityInterestRate? (%)DepositPeriod? (Yrs)FutureValue? ($)A19,00058B9,000910CaseAnnuityInterestRate? (%)DepositPeriod? (Yrs)FutureValue?

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