document.write( "Question 1198892: What is the future value of a 7%, 5-year ordinary annuity that pays $300 each year?
\n" ); document.write( "If this were an annuity due, what would its future value be\r
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Algebra.Com's Answer #832563 by Theo(13342)\"\" \"About 
You can put this solution on YOUR website!
you can use the financial calculator at https://arachnoid.com/finance/ to solve this.\r
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\n" ); document.write( "\n" ); document.write( "your inputs are:
\n" ); document.write( "pv = 0
\n" ); document.write( "np = 5 years
\n" ); document.write( "pmt = 300 each year
\n" ); document.write( "ir = 7% per year
\n" ); document.write( "payment is made at the end of each year.\r
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\n" ); document.write( "\n" ); document.write( "output is:
\n" ); document.write( "fv = 1,725.22\r
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\n" ); document.write( "\n" ); document.write( "that's what will be in the account at the end of the investment period.\r
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\n" ); document.write( "\n" ); document.write( "pv is present value
\n" ); document.write( "fv is future value
\n" ); document.write( "np is number of time periods
\n" ); document.write( "pmt is payment per time period
\n" ); document.write( "ir is interest rate percent per time period
\n" ); document.write( "payment at is whether the payments are to be made at the beginning or the end of each time period.\r
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\n" ); document.write( "\n" ); document.write( "the time periods for this analysis are years.\r
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\n" ); document.write( "\n" ); document.write( "here is what the results look like.\r
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