Annuity math
posted by naomie .
Calculate the future value of S of an annuity using the following formula: S =R(1+i)^n1/i) given R=250,i=0.001;n=13 please show the workout thankyou

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