The ordinary annuity

 

Find the value of the ordinary annuity at the end of the indicated time period. The payment R, frequency of deposits m (which is the same as the frequency of compounding), annual interest rate r, and time period t are givenamount $1,000; quarterly; 5%; six years What is the value of the ordinary annuity

 

Our customer support team is here to answer your questions. Ask us anything!