document.write( "Question 97952: I can not get the answer to this question. I know that Input is N = 5; I = 7; PMT = -300; FV = ?. Output is PV = ?. However, I do not have a finance calculator. I do not have to actually use a calculator for this class either.\r
\n" ); document.write( "\n" ); document.write( "What is the future value of a 5-year ordinary annuity that promises to pay you $300 each year? The rate of interest is 7 percent.
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Algebra.Com's Answer #71237 by stanbon(75887)\"\" \"About 
You can put this solution on YOUR website!
Using a TI-83 I get:
\n" ); document.write( "FV = $1725.22
\n" ); document.write( "PV = 0
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\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.
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