Douglass000 Douglass000
  • 20-05-2017
  • Mathematics
contestada

Find the future value of the annuity due for $200 deposited at the beginning of each quarter for 12 years at 7% compounded quarterly.

Respuesta :

BHmohammad
BHmohammad BHmohammad
  • 20-05-2017
200*(107%)^x

x is the number of quarters that passed.
each year has 4 quarters, so 12 yaers would have: 12*4 = 48 quarters

200*(107%)^48 = 5146
Answer Link

Otras preguntas

Which sentence contains a phrase that requires a hyphen A)Her sunroom is full of potted plants B)My sister is a well like sophomore in high school C)Jade was u
The first truly complex society in the americas was that of the
twelve is the product of x and negative 4
List questions that you might ask about effect of each theme on the Roman Empire
Document a john winthrop dbq what is the bias of the author
solve 13(7x-30)=-1209
I need clause to this: 60-(2+6)×7
PLEASE HELP ME YOUR HELP IS APPRECIATED ♥️
az + 17 = -4z - b What is z?
Determine the mass of an object that, when places in a 25-mL Graduated cylinder containing 14 mL of water, causes the level of the water to rise to 19 mL. The o