Question 1177249
<font face="Times New Roman" size="+2">


*[tex \LARGE \ \ \ \ \ \ \ \ \ \ A\ =\ FVOA\(\frac{r}{\(1+r\)^n\,-\,1}\)]


Where A is the annual annuity payment, FVOA is the Future Value of an Ordinary Annuity, r is the interest rate per compounding period (expressed as a decimal), and n is the number of payments.  Plugin your numbers and do the arithmetic.


																
John
*[tex \LARGE e^{i\pi}\ +\ 1\ =\ 0]
My calculator said it, I believe it, that settles it
*[illustration darwinfish.jpg]

From <https://www.algebra.com/cgi-bin/upload-illustration.mpl> 
I > Ø
*[tex \Large \ \
*[tex \LARGE \ \ \ \ \ \ \ \ \ \  
								
{{n}\choose{r}}
</font>