For each of the following annuities, calculate the future value.(Enter rounded answers as directed, but do not use rounded numbers in intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16).) |
Future Value | Annual Payment | Interest Rate | Years | |||||||||||
$ | $ | 1,580 | 5 | % | 10 | |||||||||
$ | 6,980 | 6 | 39 | |||||||||||
$ | 3,780 | 3 | 9 | |||||||||||
$ | 8,490 | 7 | 34 | |||||||||||
Please refer to below spreadsheet for calculation and answer. Cell reference also provided.
Cell reference -
Get Answers For Free
Most questions answered within 1 hours.