BUSN 5200 F2 2022: If the future value of an ordinary, 11-year annuity is $5,575 and interest rates are 5.5 percent, what is the future value of the same annuity due?If the future value of an ordinary, 11-year annuity is $5,575 and interest rates are 5.5 percent, what is the future value of the same annuity due?
Posted: December 23rd, 2022
If the future value of an ordinary, 11-year annuity is $5,575 and interest rates are 5.5 percent, what is the future value of the same annuity due?
$5,619.52
$5,769.06
$5,947.88
$5,881.63
5575(1.055) = 5881.63
Expert paper writers are just a few clicks away
Place an order in 3 easy steps. Takes less than 5 mins.