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What is the future value of a $900 annuity payment over five years if interest rates are 9 percent?

What is the future value of a $900 annuity payment over five years if interest rates are 9 percent?
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1 vote
What is the future value of a $900 annuity payment over five years if interest rates are 9 percent?

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User Prateek Prasad
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1 Answer

1 vote
Fv=900*(1+.09)^5-1/.09
=5386..24
answered
User TheGrayFox
by
8.5k points
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