Sa T.

asked • 11/16/20

Find the amount (future value) of the ordinary annuity. (Round your answer to the nearest cent.) $900/semiannual period for 15 years at 4%/year compounded semiannually

1) Find the amount (future value) of the ordinary annuity. (Round your answer to the nearest cent.)

$900/semiannual period for 15 years at 4%/year compounded semiannually

2) Find the amount (future value) of the ordinary annuity. (Round your answer to the nearest cent.)

$1100/semiannual period for 8 years at 3.5%/year compounded semiannually

3) Find the present value of the ordinary annuity. (Round your answer to the nearest cent.)

$2000/semiannual period for 8 years at 5%/year compounded semiannually

1 Expert Answer

By:

Mark G. answered • 01/01/21

Tutor
5 (1)

Finance Professional, Personal Investor and 5 Yrs Tutoring Experience!

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