Wednesday

January 28, 2015

January 28, 2015

Posted by **BERNIE** on Wednesday, August 22, 2012 at 7:23pm.

a1=$5000,I=0.08,n=10

what is the future value of the anniuty

- algebra 2 -
**Reiny**, Wednesday, August 22, 2012 at 10:14pmI will assume that 5000 is the "payment" of the annuity

future value = 5000( 1.08^10 - 1)/.08 = 72432.81

**Answer this Question**

**Related Questions**

Calculus - If you invest $5000 in a stock that is increasing in value at the ...

MATH - AN INVESTMENT OF $5000 IN THE STOCKMARKET WITH THE VALUE INCREASED BY 13...

ALGEBRA - Find the future value, using the future value formula and a calculator...

algebra/I appreciate your help - Find the future value, using the future value ...

Finance - 200- to 300-word description of the four time value of money concepts...

Finance - • Write a 200- to 300-word description of the four time value of money...

Finance - Write a 200- to 300-word description of the four time value of money ...

ALGEBRA - If the principal P = $900, the rate r = 7 1/2 %, and time t = 1 year, ...

financial 200 - Write a 200-300 word description of the four time value of money...

Finance math - how do i solve this problem? Find the future value of $4300 at 4...