maths
posted by Anonymous .
What is the future value of an ordinary annuity of $12000 per year, for three years, at 9% percent interest compounded annually?
Respond to this Question
Similar Questions

math
find the present value of ordinary annuity payments of 890 each year for 16 years at 8% compounded annually What is the amount that must be paid (Present Value) for an annuity with a periodic payment of R dollars to be made at the … 
math,correction
can someone correct these for me thanks.. Problem #4 Find the effective rate corresponding to the given nominal 18% compounded quarterly. My answer: 19.2% Problem #7 Find the future value of the ordinary annuity If R= $2500,I=5% interest … 
math
what is the future value of an ordinary annuity of $12,000 per year,for three years at9% interest compounded annually? 
Annuities
Can someone tell me if this is ordinary annuity of future or ordinary values sinking funds present value or what is it. The question is You are earning an average of 46500 and will retire in 10 years. If you put 20% of your gross average … 
Mathematics
In the problems 1 to 3, find the present value of the given (ordinary) annuity. 1. $3500000 every 6 months for 5 years at the rate of 16% compounded semiannually. 2. $7000000 per month for 10 months at the rate of18% compounded monthly. … 
math
What is the future value of an ordinary annuity of $12,000 per year, for three years, at 9% interest compounded annually? 
finance
Find the future value of the ordinary annuity with payout of $20,000 at 4.5% interest compounded annually for 12 years. 
math
Classify the finacial problem. Assume a 7% interest rate compounded annually. Find the value of a $ 1,000 certificate in 4 years. a) sinking fund, b) ordinary annuity, c) future value, d) present value e) amortization. 
math
Classify the finacial problem. Assume a 7% interest rate compounded annually. Find the value of a $ 1,000 certificate in 4 years. a) sinking fund, b) ordinary annuity, c) future value, d) present value e) amortization 
maths
determine the amount of each ordinary simple annuity. deposits of $2550 for 7 years at 9.7% per year compounded annually Search instead for determine the amount of each ordinary simple annuity. deposits of $2550 for 7 years at 9.7% …