What is the future value of 24 periodic payments of $4,660 each made at the beginning of each period and compounded at 8%?
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we have to use financial calculator to solve this | ||
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PV | 0 | |
PMT | -4,660 | |
I | 8% | |
N | 24 | |
compute FV | $311,123.78 | |
ans = | $311,123.78 | |
What is the future value of 24 periodic payments of $4,660 each made at the beginning...
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