document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=231129>Question 231129</A>: <I><SPAN STYLE=\"word-break: break-all;\"> 1)find the value of an annuity with a periodic deposit of $3000 at the end of each year, a rate of 4% annually for a time of 20 years.\r<BR>\n" );
document.write( "\n" );
document.write( "2)find the value of an annuity with a periodic deposit of $50 at the end of each month of 6% monthly, for a time of 30 years.  </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #171141 by </B><A HREF=/tutors/aboutme.mpl?userid=rfer><B>rfer(16322)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=rfer><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=171141\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> FV=P((1+i)^n-1)/i<BR>\n" );
document.write( "FV=3000((1.04)^20-1)/.04<BR>\n" );
document.write( "FV=3000*((2.191123143)-1)/.04<BR>\n" );
document.write( "FV=3273.37/.04<BR>\n" );
document.write( "FV=$81,834.24<BR>\n" );
document.write( "------------------<BR>\n" );
document.write( "FV=50((1+.06/12)^30*12)-1/.06<BR>\n" );
document.write( "FV=50*((1.005)^30*12)-1)/.06<BR>\n" );
document.write( "FV=50*((6.022575213)-1)/.06<BR>\n" );
document.write( "FV=251.11876/.06<BR>\n" );
document.write( "FV=$4185.48 </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );