Problem 56130. Ordinary Annuity : Periodic Payments (Future Value)

• Created by Mehmet OZC

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Theorem : Future Value of an Ordinary Annuity

where;

• F : Future value
• A : Periodic payment
• r : Rate per period
• n : Number of periods (payments)

Calculate A, given, F, r and n. Round to the nearest cent.

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Solution Stats

68.33% Correct | 31.67% Incorrect

• 60 Solutions
• 41 Solvers

Last Solution submitted on Dec 17, 2024

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