Mathematics, 12.11.2020 19:20, janelle3496
Find the future value of an ordinary annuity of $200 paid quarterly for 6 years, if the interest rate is 10%, compounded quarterly. (Round your answer to the nearest cent.)
Answers: 3
![\frac{A{[(1+r)^{n} - 1]}}{r}](/tpl/images/0891/7454/64490.png)
![\frac{200[(1+0.1)^{6}-1] }{0.1}](/tpl/images/0891/7454/ee6a4.png)
![\frac{200[1.1^{6}- 1] }{0.1}](/tpl/images/0891/7454/58acc.png)
Other questions on the subject: Mathematics
Mathematics, 21.06.2019 20:10, snicklegirlp4isqr
The constitution gives congress the power to create federal courts lower than the supreme court higher than the supreme court equal to the supreme court, unaffected by the supreme court.
Answers: 1
Do you know the correct answer?
Find the future value of an ordinary annuity of $200 paid quarterly for 6 years, if the interest rat...
Questions in other subjects:
Mathematics, 18.08.2021 02:00
Mathematics, 18.08.2021 02:00
