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Mathematics 19 Online
OpenStudy (anonymous):

Find the value of annuity a_1= 4000, I = .07, n = 20 - What is the future of the annunity?

OpenStudy (dumbcow):

are these payments of 4000 and you want the present value?

OpenStudy (anonymous):

NO i THINK ITS ASKING FOR IN 20 YEARS ISNT THAT WHAT THE N 20 IS/ iM STUCK

OpenStudy (anonymous):

because its asking for the future

OpenStudy (anonymous):

Find the value of annuity a_1= 4000, I = .07, n = 20 What is the future of the annunity?

OpenStudy (dumbcow):

oh ok, for an annuity of 20 yrs w/ payments of 4000 every year w/ 7% interset the future value is 163,982

OpenStudy (anonymous):

k did you use something special to get that?

OpenStudy (dumbcow):

haha yeah finance calculator, BA II is pretty good

OpenStudy (anonymous):

Find the value of annuity a_1= 8000, I = .06, n = 25 - What is the future of the annunity?

OpenStudy (anonymous):

can u help me with this one damn I dont have one of those calcs

OpenStudy (dumbcow):

the math behind it isn't too simple if you have to do it by hand im guessing you supposed to use calculator for these problems

OpenStudy (anonymous):

crap..ugh well could you help me with this one last one then :D

OpenStudy (anonymous):

Find the value of annuity a_1= 8000, I = .06, n = 25 What is the future of the annunity?

OpenStudy (dumbcow):

future value = 438,916 they prob only cost like 30 or 40 bucks

OpenStudy (anonymous):

well im going to have to get ones these problems suck

OpenStudy (anonymous):

Thank You

OpenStudy (dumbcow):

your welcome

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