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

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