Question 1113286
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<pre>
Future value of the Ordinary Annuity plan


FV = {{{1250*(((1+0.08)^30-1)/0.08)}}} dollars = 141604 dollars.
</pre>

See the lesson

&nbsp;&nbsp;&nbsp;&nbsp;- <A HREF=http://www.algebra.com/algebra/homework/Sequences-and-series/Ordinary-Annuity-saving-plans-and-geometric-progressions.lesson>Ordinary Annuity saving plans and geometric progressions</A>

in this site.