1 what is the value of an ordinary annuity at the end of 20, Ask an Expert

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1) What is the value of an ordinary annuity at the end of 20 years if $16,500 is deposited each year into an account earning 8.5% compound annually? How much of this value is interest?

2) How long will it take an investment of $5000 to triple if the investment earns interest at the rate of 5 %year compounded daily?

3) What is the effective rate of money invested at 4.5% compunded semi-annuallY?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92852381

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