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Ma4kiramesa Ma4kiramesa
  • 19-02-2017
  • Business
Answered

What is the future value of a $900 annuity payment over five years if interest rates are 9 percent?

Verified Answer :

zahidpbt3
zahidpbt3 zahidpbt3
  • 19-02-2017

Fv=900*(1+.09)^5-1/.09
=5386..24

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