When there are multiple cash flows every year the amount of, Ask an Expert

Finance

problem: Use excel spreadsheet and the FV

R=annual interest rate and

t= number of years.

When there are multiple cash flows every year, the amount of the annuity shown below is the amount of each individual cash flow [not the sum cash flow for the year]. Give all answers to the nearest dollar.

FV of a 2,400 dollar annuity when R=20% compounded annually and t=25

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M917389

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