the future value

Financial Accounting Intro Concepts Meth/Uses
14th Edition
ISBN:9781285595047
Author:Weil
Publisher:Weil
ChapterA: Appendix - Time Value Of Cash Flows: Compound Interest Concepts And Applications
Section: Chapter Questions
Problem 20E
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Find the future value of the ordinary annuity. Interest is compounded annually, unless otherwise
indicated.
R= $1,000, i- 0.04, n = 13
O $41.626.84
O $15,025.81
O 54002.58
Transcribed Image Text:Find the future value of the ordinary annuity. Interest is compounded annually, unless otherwise indicated. R= $1,000, i- 0.04, n = 13 O $41.626.84 O $15,025.81 O 54002.58
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