Use the simple interest formula method to find the future value of an ordinary annuity of $2500 paid annually after three years at 2.6% annual interest find the total interest earned.

Use the formula for the future value of an ordinary annuity to solve for n when A = $6,000, the monthly payment r = $550 and annual intrest r = 8.5%

Find the amount accumulated FV in the given annuity account. (Assume end-of-period deposits and compounding at the same intervals as deposits. Round your answer to the nearest cent.) $2,200 is deposited quarterly for 20 years at 3% per year FV = $ Need Help? Read It Watch It Submit Answer

Find the future value of an annuity in 16 years if you deposit $110 at the end of each compounding period into an account paying 3.00% compounded quarterly. O $9146.90 $ 8993.34 O $ 2217.26 O $ 8445.74

Find the future value (FV) of the annuity due. (Round your answer to the nearest cent.) $165 monthly payment, 7% interest, 11 years

Find the value of the annuity at the end of the indicated number of years. Assume that the interest is compounded with the same frequency as the deposits. (Round your answer to the nearest cent.)$  Amount of Deposit    m     Frequency    n     Rate    r     Time    t     $250     semiannually     4%     30 yr

Use the ordinary annuity formula shown to the right to determine the accumulated amount in the annuity.   ​$700 invested monthly for 40 years at a 4.0​% interest rate compounded monthly A=p1+rnn•t−1rn The accumulated amount will be

Find the value of the annuity at the end of the indicated number of years. Assume that the interest is compounded with the same frequency as the deposits. (Round your answer to the nearest cent.) 2$ Amount of Deposit Frequency Rate Time t $250 semiannually 2% 20 yr Need Help? Read It

What annual deposit is necessary to have $15,000 in 7 years if all the money is deposited at 1.5% interest compounded annually? (a) State the type. amortization sinking fund ordinary annuity present value of an annuity present value (b) Answer the question. (Round your answer to the nearest cent.) $

Find the future value of each annuity due.  Then determine how much of this value is from contributions and how much is from interest.   Payments of $220 were made at the beginning of each quarter for 15 years at 4.6% compounded quarterly.   The future value of the annuity due is $19077.23. The amount from contributions is $_______ The amount from interest is $ ________ do not round until the final answer.