Homework #3A (FV and PV of annuity due annually)

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University of Maryland, University College *

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330 7980

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Finance

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Nov 24, 2024

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Question 1 (1 point) Saved What is the accumulated sum of the following stream of payments? $12,650 every year at the beginning of the year for 10 years, at 4.99 percent, compounded annually. Round the answer to two decimal places. Your Answer: 166972.00 Answer AR Insert AutoSum Recently Financial Logical Text Date& Lookup & Function v Usedv ~ - ~ Time~ Reference Function Library Al v fe =FV(4.99%,10,12650,0,1) A A B c D E F 1 (sms,gn.no}_l 2
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