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- anonymous

Find the value of annuity a_1= 4000, I = .07, n = 20 - What is the future of the annunity?

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- anonymous

Find the value of annuity a_1= 4000, I = .07, n = 20 - What is the future of the annunity?

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- dumbcow

are these payments of 4000 and you want the present value?

- anonymous

NO i THINK ITS ASKING FOR IN 20 YEARS ISNT THAT WHAT THE N 20 IS/ iM STUCK

- anonymous

because its asking for the future

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- anonymous

Find the value of annuity a_1= 4000, I = .07, n = 20
What is the future of the annunity?

- dumbcow

oh ok, for an annuity of 20 yrs w/ payments of 4000 every year w/ 7% interset
the future value is 163,982

- anonymous

k did you use something special to get that?

- dumbcow

haha yeah finance calculator, BA II is pretty good

- anonymous

Find the value of annuity a_1= 8000, I = .06, n = 25 - What is the future of the annunity?

- anonymous

can u help me with this one damn I dont have one of those calcs

- dumbcow

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

- anonymous

crap..ugh well could you help me with this one last one then :D

- anonymous

Find the value of annuity a_1= 8000, I = .06, n = 25
What is the future of the annunity?

- dumbcow

future value = 438,916
they prob only cost like 30 or 40 bucks

- anonymous

well im going to have to get ones these problems suck

- anonymous

Thank You

- dumbcow

your welcome

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