Homework Help: business math

Posted by bibi on Sunday, May 27, 2012 at 4:14pm.

What is the future value of an annuity that has the following characteristics: (a) you pay $1,000.00 per year into the annuity, (b) you make this payment for 10 years, and (c) you are able to obtain a 5% rate of return on your investment.

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