What is the future value of an annuity that has MONTHLY payments of $750 for 15...
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What is the future value of an annuity that has MONTHLY payments of $750 for 15 years if current interest rates are 12%. Reference the below formulas when solving the problem above: PV FV/(1+r)^t FVA PMT(((1+r)^t) -1)/r = (r/12)^t(12))-1)/(r/12) = PVA PMT(((1-(1+r)^-t)/r)) t(12)))/(r/12) FV = PV(1+r)^t FVA = PMT((1+ PVA PMT((1-(1+(r/12))^- = Edit View Insert Format Tools Table 12ptv Paragraph : N What is the future value of an annuity that has MONTHLY payments of $750 for 15 years if current interest rates are 12%. Reference the below formulas when solving the problem above: PV FV/(1+r)^t FVA PMT(((1+r)^t) -1)/r = (r/12)^t(12))-1)/(r/12) = PVA PMT(((1-(1+r)^-t)/r)) t(12)))/(r/12) FV = PV(1+r)^t FVA = PMT((1+ PVA PMT((1-(1+(r/12))^- = Edit View Insert Format Tools Table 12ptv Paragraph : N
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