Find the value of the ordinary annuity at the end of the indicated time period
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HII BUDDY
ur answer is
The basic equation for the future value of an annuity is for an ordinary annuity paid once each year. The formula is F = P * ([1 + I]^N - 1 )/I. P is the payment amount. I is equal to the interest (discount) rate.
Hope it will help you mate!!!
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