Question 1127927
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<pre>
Evelyn   FV = {{{100*(((1+0.08/12)^(10*12)-1)/((0.08/12)))}}} = $18294.60.


Esher    FV = {{{50*(((1+0.08/12)^(20*12)-1)/((0.08/12)))}}} = $29451.02.


Lois     FV = {{{25*(((1+0.08/12)^(30*12)-1)/((0.08/12)))}}} = $37258.99.
</pre>

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On Ordinary Annuity saving plans, &nbsp;see the lessons

&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>

&nbsp;&nbsp;&nbsp;&nbsp;- <A HREF=https://www.algebra.com/algebra/homework/Sequences-and-series/Solved-problem-on-Ordinary-Annuity-saving-plans.lesson>Solved problems on Ordinary Annuity saving plans</A>

in this site.


The lessons contain &nbsp;EVERYTHING &nbsp;you need to know about this subject, &nbsp;in clear and compact form.


When you learn from these lessons, &nbsp;you will be able to do similar calculations in semi-automatic mode.