Derive an equation to find the end-of-year future sum

Reference no: EM132157812

Question: Derive an equation to find the end-of-year future sum F that is equivalent to a series of n beginningof-year payments B at interest rate i. Then use the equation to determine the future sum F equivalent to six B payments of $100 at 8% interest. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132157812

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