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    sbilton4's Avatar
    sbilton4 Posts: 1, Reputation: 1
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    #1

    Oct 29, 2007, 03:07 PM
    Future Value of an Annuity
    What is the future value of a 5-year annuity due that promises to pay you $300 each year? Assume
    that all payments are reinvested at 7 percent a year, until Year 5.:confused:
    ajpayne's Avatar
    ajpayne Posts: 1, Reputation: 1
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    #2

    Oct 31, 2007, 09:14 PM
    What is the future value of a 5-year annuity due that promises to pay you $300 each
    year? Assume that all payments are reinvested at 7 percent a year, until Year 5.
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