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March 1, 2015

March 1, 2015

Posted by **cant figure this out :(** on Saturday, April 30, 2011 at 7:36pm.

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**Mgraph**, Saturday, April 30, 2011 at 8:37pmAccumulation value of an annuity (due)

Sn=P*((1+i)^n-1)/d

where P-the size of payments, n=17*2=34,

i=0.066/2=0.033, d=i/(i+1)=0.032

140000=P*63.1024733

P=2218.61

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