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70
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600 deposited at the end of each year for 10 years at 4.25% compounded annually

 Feb 28, 2022
 #1
avatar+36417 
+1

Payments at the END of the period (year) describe an ORDINARY ANNUITY

 


 

     C = 600    n = 10 (years)   and   i = .0425

 

I let you do the calcualtion to find  FV

 Feb 28, 2022

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