For each of the following annual deposits into an account paying the stated annual interest rate over the specified deposit period, calculate the future value of the annuity at the end of the given deposit period Amount of Annual Deposit ($ 2,500 500 1,000 12,000 4,000 Interest Rate( ) Deposit Peri...

Future value of an annuity investment FVA k n Calc Nnumber of periods irate of ...

For each of the following annual deposits into an account paying the stated annual interest rate over

Question:

For each of the following annual deposits into an account paying the stated annual interest rate over the specified deposit period, calculate the of the at the end of the given deposit period.

Annuity
An annuity is a series of equal payment made at equal intervals during a period of time. In other words annuity is a contract between insurer and insurance company in which insurer make a lump-sum payment or a series of payment and, in return,... Future Value
Future value (FV) is the value of a current asset at a future date based on an assumed rate of growth. The future value (FV) is important to investors and financial planners as they use it to estimate how much an investment made today will be worth...