Ordinary annuity , Financial Accounting

Number of Periods of a one Payment

a) If you deposit money today in an account that pays 7.5% yearly interest, how long will it take to double your money?

b) What's the future value of a 6%, 5-year ordinary annuity that gives $750 every year?

Posted Date: 3/29/2013 6:20:59 AM | Location : United States

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