# finance management

posted by
**cj** on
.

What is the future value of a 5 yr. annuity due that promises to pay $300.00 each yr? Assume that all payments are reinvested at 7% a yr., until Yr. 5.

posted by
**cj** on
.

What is the future value of a 5 yr. annuity due that promises to pay $300.00 each yr? Assume that all payments are reinvested at 7% a yr., until Yr. 5.