Question: Calculate the future value. table [ [ Present Value,Interest Rate,Payments,Timing of Payment,Years,Future Value ] , [ $ 0 . 0 0 , 7 %

Calculate the future value.
\table[[Present Value,Interest Rate,Payments,Timing of Payment,Years,Future Value],[$0.00,7% monthly,$350.00 monthly,End,15,???]]
a. Determine the annuity type.
Ordinary Simple Annuity
Ordinary General Annuity
Simple Annuity Due
General Annuity Due
b. Identify the following pieces of information to be used to calculate the future value of the annuity.
Periodic Payment: PMT=
Number of Payments per Year: PY=
Total Number of Payments: N=
Annual Interest Rate: r=
Number of Compoundings per Year: CY=
c. Determine the future value of the annuity.
Calculate the future value. \table[[Present Value,Interest Rate,Payments,Timing of Payment,Years,Future Value],[$0.00,7% monthly,$350.00

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