March 24, 2017

Post a New Question

Posted by on Saturday, April 6, 2013 at 11:58am.

Calculate the future value of S of an annuity using the following formula: S =R(1+i)^n-1/i) given R=250,i=0.001;n=13 please show the workout thankyou

  • Annuity math - , Saturday, April 6, 2013 at 2:37pm

    S = 250(1.001^13 - 1)/.001
    = 3269.57

    after punching it in my calculator exactly that way, using x for the multiplication and using brackets the way shown in the expression

Answer This Question

First Name:
School Subject:

Related Questions

More Related Questions

Post a New Question