Question: Use the future value formula to find the indicated value. FV=7,000; i=0.03; PMT= $800; N=? N=_______ ( ROUND UP TO THE NEAREST INTEGER AS NEEDED)

Use the future value formula to find the indicated value.

FV=7,000; i=0.03; PMT= $800; N=?

N=_______

( ROUND UP TO THE NEAREST INTEGER AS NEEDED)

5.)Recently, More Money 4U offered an annuity that pays 5.1%compounded monthly.IF 2,448 is deposited into this annuity everymonth, how much is in the account after 5 years? How much of this isinterest?

Type the amount in theaccount: $________

Round to the nearest dollar

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