Complete the ordinary annuity as an annuity due (future value) for the following: (Please u Table.) (Do not round intermediate calculations. Round your answer to the nearest cent Answer is complete but not entirely correct. Amount of Payment payable Interest payment Years Annuity due rate $24 4,900 Annually 14 4 % 89,630.36 X

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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eck my work mode : This shows what is correct or incorrect for the work you have completed so
Drill Problem 13-3 (Algo) [LU 13-1 (2)]
Complete the ordinary annuity as an annuity due (future value) for the following: (Please use
Table.) (Do not round intermediate calculations. Round your answer to the nearest cent.)
XAnswer is complete but not entirely correct.
Amount of
Payment
payable
Interest
rate
payment
Years
Annuity due
4,900
Annually
14
4.
89,630.36 X
Drov
%24
%24
Transcribed Image Text:eck my work mode : This shows what is correct or incorrect for the work you have completed so Drill Problem 13-3 (Algo) [LU 13-1 (2)] Complete the ordinary annuity as an annuity due (future value) for the following: (Please use Table.) (Do not round intermediate calculations. Round your answer to the nearest cent.) XAnswer is complete but not entirely correct. Amount of Payment payable Interest rate payment Years Annuity due 4,900 Annually 14 4. 89,630.36 X Drov %24 %24
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