Find the future value of an annuity due of $100 each quarter for

4 1/2 years at 12%, compounded quarterly. (Round your answer to the nearest cent.)

How much must be deposited at the beginning of each year in an account that pays 10%, compounded annually, so that the account will contain $32,000 at the end of 7 years? (Round your answer to the nearest cent.)

Answer rating: 100% (QA)

To find the future value of an annuity due we can use the formula ... View the full answer