Question

What is the FV of an ordinary annuity that pays Rs. 150 per year at the end of each year for the next 15years,given the investment is expected to earn 7% rate of return ?​

Answer 1

Answer:

Explanation:

The Recurring Investment Calculator shows you how much money you would accumulate for different annual, monthly or weekly investments given a specified annual rate of return and number of years of investments.

Here is a simple example. Suppose that you invest $1,000 at the beginning of an investment period. Assume an annual rate of return of six percent. You would accumulate the following amounts:

$38,992.73 by investing at the beginning of each year,

$464,351.10 by investing at the beginning of each month,

$2,011,095.97 by investing at the beginning of each week.

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https://www.buyupside.com/calculators/recurringinvestmentcalculatordec07.htm