i=1 c. There are payments of $2430 at the end of each year for 10 yr at 1% interest compounded annually. Find the future value of the annuity. MacBook Pro

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A: We have deposit amount is P=$3,000 Rate of interest = 5% = 0.05 Time = 3 years. Now, the value of…

Q: Find the value of the annuity at the end of the indicated number of years. Assume that the interest…

A: write the formula for the future value of the annuity. F=P1+iN-1i Here, i is the interest rate that…

Q: Find the interest rate for each deposit and compound amount. 6) $8000 accumulating to $12,384.48,…

A: Recall the following fact.

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Q: Find the future value of the ordinary annuity. Interest is compounded annually. R= 1000; =0.08; n=…

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Q: Find the size of each of 4 payments made at the end of each year into a 5% rate sinking fund which…

A: We can use the formula for the future value of an annuity: FV = P * [(1 + r)^n - 1]/r where FV is…

Q: Angela deposits $⁢5500 into an account with an APR of 2.4% for 7 years. Find the future value of the…

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Q: given annuity account. (Assume - 19 years at 4% per year

A: FV=$67846.05

Q: Please help me write a word problem that fits with the equation (-3)- (-7)

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Q: (10 +3i2-5)-(11 + 10i)

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Q: You deposit $2000 in an account earning 2% interest compounded monthly. How much will you have in…

A: given, principal (P)=$2000           interest  rate (R)=2%= 2/100 =0.02     (for compounded monthly…

Q: Find the present value of the given annuity. 341 per month for 48  months at the rate of 3.6…

A: Present value of an annuity is given by the formula: PV=ar1-1(1+r)n where: a : Annuity.r : Interest…

Q: Find the amount accumulated FV in the given annuity account. (Assume end-of-period deposits and…

A: To Find the amount accumulated FV in the given annuity account, the formula isFV= Monthly deposit…

Q: Angela deposits $4000 into an account with an APR of 4.6% for 12 years find the future value of the…

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Q: Find the future value of an annuity due with an annual payment of

A: We have to find the future value of an annuity.

Q: Suppose

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Q: Find the future value of an ordinary annuity if payments are made in the amount R and interest is…

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