Wednesday

April 1, 2015

April 1, 2015

Posted by **Andrew** on Sunday, March 3, 2013 at 8:57am.

- math -
**Dr. Jane**, Sunday, March 3, 2013 at 10:55amI have seen this posted a few times and no one has answered it. I know it is not amortization because that deals with reducing an amount of money like a mortgage. It is not present value because we are looking for an amount of money in the future.

It could be future value, but I am not sure because you aren't making monthly payments. It actually might be an ordinary annuity.

**Answer this Question**

**Related Questions**

math - Classify the finacial problem. Assume a 7% interest rate compounded ...

math,correction - can someone correct these for me thanks.. Problem #4 Find the ...

math - find the present value of ordinary annuity payments of 890 each year for ...

Fins nance business - 1. Find the future value of current $1,000 5 year from ...

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

ALegbra - If an apartment complex will need painting in 3 1/2 years and the job ...

finance - Find the future value of the ordinary annuity with payout of $20,000 ...

Business Math 205 - Calculate the PRESENT VALUE of the following ORDINARY ...

math - What is the future value of an ordinary annuity of $12,000 per year, for ...

math - what is the future value of an ordinary annuity of $12,000 per year,for ...