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are these payments of 4000 and you want the present value?
NO i THINK ITS ASKING FOR IN 20 YEARS ISNT THAT WHAT THE N 20 IS/ iM STUCK
because its asking for the future
Find the value of annuity a_1= 4000, I = .07, n = 20 What is the future of the annunity?
oh ok, for an annuity of 20 yrs w/ payments of 4000 every year w/ 7% interset the future value is 163,982
k did you use something special to get that?
haha yeah finance calculator, BA II is pretty good
Find the value of annuity a_1= 8000, I = .06, n = 25 - What is the future of the annunity?
can u help me with this one damn I dont have one of those calcs
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
crap..ugh well could you help me with this one last one then :D
Find the value of annuity a_1= 8000, I = .06, n = 25 What is the future of the annunity?
future value = 438,916 they prob only cost like 30 or 40 bucks
well im going to have to get ones these problems suck