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-   -   What is the future value of a 7%, 5-year ordinary annuity that pays $300 each year? I (https://www.askmehelpdesk.com/showthread.php?t=626664)

  • Jan 10, 2012, 04:38 PM
    lilowa1966
    What is the future value of a 7%, 5-year ordinary annuity that pays $300 each year? I
    What is the future value of a 7%, 5-year ordinary annuity that pays $300 each year? If this were an annuity due, what would its future value be?
  • Apr 7, 2012, 11:44 PM
    chanese1
    Lk
  • Jul 25, 2012, 09:28 PM
    ajibolaoginni
    S = R(((1 + I)n - 1) / I) *(1 + I)
    S = $1725 * 1.07
    S = $1846

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