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OpenStudy (anonymous):
find the value of annuity a1=$3,000. I=0.10, n=25 Find the future value of annuity
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OpenStudy (amistre64):
an annuity is a geometric sum of payments such that::\[A=P(\frac{1-k^n}{1-k})\]
OpenStudy (amistre64):
where k = 1+i
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