PDA

View Full Version : What is the future value of a five-year annuity due that promises to pay you 300 each


jordan19s
May 6, 2013, 01:50 PM
What is the future value of a five-year annuity due that promises to pay you 300 each year Assume that all payments are reinvested at 10 percent a year until year 5? Please can someone help me

jordan19s
May 6, 2013, 02:39 PM
Is the answer 1250.96