Find the future value (FV) of the annuity due. (Round your answer to the nearest cent.) $180 monthly payment, 6.5% interest, 13 years (I got 31736.67 which was incorrect)
Find the future value (FV) of the annuity due. (Round your answer to the nearest cent.) $180 monthly payment, 6.5% interest, 13 years (I got 31736.67 which was incorrect)
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter8: Sequences And Series
Section8.4: Mathematics Of Finance
Problem 16E: Mortgage What is the monthly payment on a 30-year mortgage of $80,000 at 9% interest? What is the...
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Find the future value (FV) of the annuity due. (Round your answer to the nearest cent.)
$180 monthly payment, 6.5% interest, 13 years
(I got 31736.67 which was incorrect)
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