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Find the pv of an ordinary annuity

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Reference no: EM132510318

Question 1: Find the PV of an ordinary annuity that pays $1,000 at the end of each of the next 5 years if the interest rate is 15%. Then find the FV of that same annuity.

Inputs:
PMT =
$1,000
N =
5
I/YR =
15%
PV: Use function wizard (PV)
PV =
FV: Use function wizard (FV)
FV =

Reference no: EM132510318

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