K Find the future value of the ordinary annuity. Interest is compounded annually. R=24,000; i=0.045; n = 38 The future value of the ordinary annuity is $. (Do not round until the final answer. Then round to the nearest dollar as needed.)

K Find the future value of the ordinary annuity. Interest is compounded annually. R=24,000; i=0.045; n = 38 The future value of the ordinary annuity is $. (Do not round until the final answer. Then round to the nearest dollar as needed.)

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Find the future value of the ordinary annuity. Interest is compounded annually.
R=24,000; i = 0.045; n=38
The future value of the ordinary annuity is $
(Do not round until the final answer. Then round to the nearest dollar as needed.)

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