Sunday

April 20, 2014

April 20, 2014

Posted by **Scott Ingraham** on Saturday, April 12, 2008 at 9:03am.

- Annuities -
**Reiny**, Saturday, April 12, 2008 at 10:22amAmount = .2(46500((1.07)^10 - 1)/.07

Using the formula

Amount = payment((1+i)^n - 1)/i

- Annuities -
**Scott Ingraham**, Saturday, April 12, 2008 at 10:28amI am trying to do this by calculator here and not sure how to do it

- Annuities -
- Annuities -
**tchrwill**, Saturday, April 12, 2008 at 2:39pmSn = R[(1+i)^n - 1]/i

Assuming you mean 20% per year going into the retirement fund

Sn = 9300[(1.07)^10 - 1]/.07 =

**Related Questions**

Annuities - Can someone tell me if this is ordinary annuity of future or ...

business math 205 - Calculate the future of the following Ordinary Annuities. ...

Math - Amy Powell invested $8500 twice a year in an ordinary annuity at New York...

finite math - A $1.2 million state lottery pays $5,000 at the beginning of each ...

algebra - Suppose a retiree wants to buy an ordinary annuity that pays her $2,...

math - Suppose payments were made at the end of each month into an ordinary ...

math - A used piece of rental equipment has 3Â½ years of useful life remaining. ...

math - A used piece of rental equipment has 3½ years of useful life remaining. ...

Finance - You are considering two equally risky annuities, each of which pays $5...

Finite Math - The amount (future value) of an ordinary annuity is given. Find ...