8. Find the future value of an ordinary annuity of $3000 paid quarterly for 5 years, if the interest rate is 6% com- pounded quarterly. T1 TALid. cave $40.000 in 2 years for

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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8. Find the future value of an ordinary annuity of $3000
paid quarterly for 5 years, if the interest rate is 6% com-
pounded quarterly.
9. The Weidmans want to save $40,000 in 2 years for
Transcribed Image Text:8. Find the future value of an ordinary annuity of $3000 paid quarterly for 5 years, if the interest rate is 6% com- pounded quarterly. 9. The Weidmans want to save $40,000 in 2 years for
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