WebSep 8, 2024 · We can use the following formula to calculate the future value of ordinary annuity abbreviated as P. here, P = Present value of … WebSign in to your Steam account to review purchases, account status, and get personalized help.

How To Calculate The Future Value of an Ordinary Annuity

WebWhich of the following equations can be used to solve for the future value of an ordinary annuity? 1) PMT x {1 – [1/ (1 + r)nn]}/r 2) PMT x { [ (1 + r)nn – 1]/r} 3) FV/ (1 + r)nn 4) PMT x { [ (1 + r)nn – 1]/r} x (1 + r) Expert Answer 1st step All steps Final answer Step 1/2 PMT x {1 – [1/ (1 + r)nn]}/r View the full answer Step 2/2 Final answer WebAll steps. Final answer. Step 1/2. To solve this problem, we can use the formula for the future value of an ordinary annuity. The formula is given as: FV = PMT * [ (1 + r)^n - 1] / r. Where: FV = Future Value of the annuity PMT = Periodic Payment (in this case, $1500) r = Periodic Interest Rate (in this case, the semi-annual interest rate ... chocolate susy

Future Value of Ordinary Annuity Calculator - Symbolab

WebDec 19, 2024 · The expected future value of this payment stream using the above formula is as follows: \begin {aligned} \text {Future value} &= \$125,000 \times \frac { \big ( ( 1 + … WebFuture Value of an Annuity F V = P M T i [ ( 1 + i) n − 1] ( 1 + i T) where i is the interest rate per period and n is the total number of periods with compounding occurring once per period. Since the annuity is payments … WebSeattle-Bellevue-Tacoma, Washington [email protected]. 206 451.7398 14220 Interurban Ave S, Tukwila, WA 98168 grayco south carolina