What is the future value of an ordinary annuity at the end, Ask an Expert

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What is the future value of an ordinary annuity at the end of 25 years if $200 is deposited each month into an account earning 6% annual interest compounded monthly? Show the formula that you are going to use, and show the setup of the problem. Round your answer to the nearest dollar.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92353101

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