Question: I really need help with this question please. Please show step by step on how to do it. Please and Thank you. Find the future
I really need help with this question please. Please show step by step on how to do it. Please and Thank you.
Find the future value of the following
ordinary
simple
annuity.
| Periodic Payment | Payment Interval | Term | Interest Rate | Conversion Period |
| $1054.00 | 1 month | 10 years | 22% | monthly |
The future value is ___
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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